Air Canada Posts Record 1999 Earnings By Containing Costs

Air Canada reported record operating income of C$503 million (US$349 million) for the year ended Dec. 31, 1999, an improvement of C$359 million from 1998 and C$135 million from 1997. The 1998 results were lower due to a pilot strike, which grounded flights for 13 days in September 1998. Removing the...

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