AIR CANADA
AIR CANADA had C$640m net loss in 3Q21 (vs C$636m net income in 3Q19) on 62% lower revenues vs 3Q19 and ended quarter with unrestricted liquidity of about C$14.4b. It expects 4Q21 capacity to be about 47% lower vs 4Q19 (+135% vs 4Q20).
Subscription Required
AIR CANADA is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.