Air Canada Reports Strong Earnings Despite Flight Delays

  • 📰 calgarysun
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Air Canada profits soar amid high demand and fares, and despite flight delays

MONTREAL — Air Canada says earnings last quarter reached heights not seen since before the COVID-19 pandemic amid high travel demand and pricier fares, and despite thousands of flight delays.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account and fewer ads.

Get exclusive access to the Calgary Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Calgary Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 63. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Air Canada Posts Strong Quarterly Earnings Despite Flight DelaysAir Canada reported quarterly earnings that reached pre-pandemic levels, with net income of $838 million compared to a loss of $386 million the previous year. The airline attributed the strong earnings to high travel demand and higher ticket prices. Despite tens of thousands of flight delays, Air Canada saw over 11 million customers in the quarter. However, the company's operations failed to meet expected levels due to severe weather and global supply chain issues, resulting in consistently late or cancelled flights.
Bron: globebusiness - 🏆 31. / 66 Lees verder »

Air Canada Posts Strong Quarterly Earnings Despite Flight DelaysAir Canada has reported quarterly earnings that have reached pre-pandemic levels, despite facing tens of thousands of flight delays. The airline recorded a net income of $838 million in the quarter ended June 30, compared to a loss of $386 million in the same period last year. The strong demand for travel and higher ticket prices contributed to the company's profitability. However, Air Canada's operations have been affected by consistent delays, with half of its flights arriving late or being cancelled. The CEO attributed these delays to severe weather and global supply chain issues.
Bron: GlobalNational - 🏆 81. / 51 Lees verder »