Air Canada says it’s encouraged by “strong increases” in key passenger markets in the third quarter. In a quarterly financial statement released today (Nov. 2), Canada’s largest airline reported operating revenues of $2.103 billion, representing almost three times the operating revenues of $757 million in the third quarter of 2020. Other highlights include Operating loss of $364 million, compared to an operating loss of $785 million in the third quarter of 2020 Negative EBITDA(1) (earnings before interest, taxes, depreciation, and amortization), excluding special items, of $67 million compared to negative EBITDA (excluding special items) of $554 million in the same Read more
