Air Canada posts net profit in third quarter, turns around year-ago loss

Business | 206444 hits | Nov 06 7:06 pm | Posted by: bootlegga

In spite of lower passenger and cargo revenue, Air Canada (TSX:AC.B) turned reported a profit in the third quarter - thanks to lower fuel prices and foreign exchange gains. Canada's largest airline reported net income of $277 million or $2.44 per share

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