Air Canada posted a net loss of C$231 million ($174.3 million) in the fourth quarter, as foreign-exchange losses cost the carrier C$262 million more than in the year-earlier period, when it posted a net profit of C$8 million. The bottom-line result masked improving fundamentals, the airline’s top executive said. “These quarterly results showed an improvement over last year’s fourth quarter on many fronts—including passenger revenues, traffic and yield—and ...

Subscribe to Access this Entire Article

"Air Canada posts 4Q loss on currency exchange" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.