The good times continue for Canada’s largest airline. With the pandemic firmly in the rear-view mirror, Air Canada today reported record operating revenues of $21.8 billion for last year, up 32% from 2022. Operating income was $2.3 billion, a $2.5 billion improvement from 2022. The company’s adjusted EBITDA (earnings before interest, taxes, deprecation and amortization) was nearly $4 billion; more than twice that of full year 2022. “Air Canada produced very strong results for the fourth quarter and full year 2023, delivering on its key financial goals and strategic priorities,” said Michael Rousseau, President and Chief Executive Officer of Air Canada. “These results stem from the Read more
