News Formal

Air Canada boosts earnings outlook for 2023, citing strong demand and traffic

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Air Canada posted a $1.7-billion loss in fiscal 2022, but reported a profit in the final quarter as the industry continued to claw its way back from the pandemic

Chief executive Michael Rousseau told analysts in February that the company expects solid demand in 2023.Tickers mentioned in this storyBuild your personal news feed.

Chief executive Michael Rousseau told analysts in February that the company expects solid demand in 2023.Tickers mentioned in this storyBuild your personal news feed
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Air Canada boosts earnings outlook for 2023, citing strong demand and traffic - BNN BloombergAir Canada hiked its earnings outlook Thursday, saying it expects earnings to rise due to an improvement in traffic as well as stronger-than-anticipated demand and lower-than-expected fuel prices.
Source: BNNBloomberg - 🏆 83. / 50 Read more »