Air Canada swings to 1Q net profit despite MAX grounding
Credit: Rob Finlayson
Air Canada reported 2019 first-quarter net income of C$354 million ($264 million), reversed from a C$203 million loss in the year-ago period. Revenue rose 9.4% year-over year to C$4.5 billion, a record for the quarter, despite weather-related disruptions and the grounding of the carrier’s 24 Boeing...
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