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

📆 2023/05/05 23:22:00

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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

📆 2023/05/05 23:22:00
📰 globeandmail

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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

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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.
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