Air Canada shook off the absence of its Boeing 737 MAXs to post record second-quarter revenue and boost capacity. But the Montreal-based carrier faces an even more challenging peak summer period as third-quarter capacity will decline for the first time in a decade. Air Canada reported second-quarter net income of C$343 million ($262 million), reversed from a loss of C$102 million in the year-ago quarter. Operating income was C$422 million, up 27% year-over-year (YOY). Expenses totaled ...

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