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Air Canada defines first quarter losses as "encouraging".

Montreal, Canada

Canadian carrier Air Canada posted an operating loss of USD$102.3 million but the carrier welcomed the quarterly results, describing them as "encouraging". The figures represented a USD88 million improvement on the first three months of 2001. The airline's President and Chief Executive Officer, Robert Milton, said:"Air Canada ended the first quarter of 2002 - traditionally the weakest quarter of...

AVIONEWS - World Aeronautical Press Agency - 27398
Rome, Italy, 05/02/2002 14:56
AVIONEWS - World Aeronautical Press Agency

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