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Air Canada returns to profit
Ottawa, Canada - The parent company reported a USD 12,4m profit against a previous USD 634m loss
Ace Aviation, parent of Air Canada, reported a USD 12,4m profit in the fourth quarter of the last year coming back to profit after the firm reported previous USD 634m losses in the past. Ace said the result was helped by a big foreign exchange gain and stronger passenger revenues which helped to offset higher fuel prices.
AVIONEWS - World Aeronautical Press Agency - 115946
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency