AIR CANADA
AIR CANADA lost C$493m in 4Q21 (vs C$152m profit in 4Q19) on 38% lower revenues; and C$3.6b in 2021 (vs C$1.5b profit in 2019) on 66% lower revenues (it has C$10.4b liquidity). It expects 1Q22 capacity to be down 44% vs 1Q19.
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.