Air Canada Reports $27 Million First-Quarter Loss

Credit: Air Canada
Air Canada incurred a 2017 first-quarter net loss of 37 million Canadian dollars ($27 million), reversed from a net profit of C$101 million in the 2016 March quarter, as rising fuel costs hit the bottom line. Air Canada executives pointed to record first-quarter revenue of C$3.6 billion, up 9% year...

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