737 MAX Absence Holds Back Air Canada’s 3Q Net Profit

Credit: Rob Finlayson
Air Canada reported a 9.4% year-over-year drop in third-quarter net income as the absence of its Boeing 737 MAX aircraft took a toll on peak summer operations.The Canadian flag carrier posted 3Q net income of C$636 million ($486 million), compared to a restated C$702 million for the same period last...

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