Air Canada earnings

Descrease article font size Increase article font size Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international travel and lower jet fuel prices. Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence…

Air Canada saw its profits fall by half even while its revenue rose in its latest quarter, as the country’s largest airline struggled to complete the final stages of its recovery from COVID-19. “Our second-quarter results were solid, although they did not achieve our internal expectations,” CEO Michael Rousseau told analysts on a conference call…