AIR CANADA had C$974m net loss on C$2.6b revenues in 1Q22 vs C$345m net income on C$4.5b in (pre-pandemic) 1Q19. It has C$10.2b in unresricted liquidity and is projecting 2022 capacity totals to be at about 75% of 2019 levels.
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.