Air Canada says its fourth-quarter profit amounted to 41 cents per diluted share and compared with a loss of $493-million or $1.38 in the same period during 2021.
posted a $168-million profit in its most recent quarter as passenger and operating revenues reached record highs.
The airline says its profit for the period ended Dec. 31 included a foreign exchange gain of $316-million and covered the busy holiday season.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's Outstanding CEO of the Year: Royal Bank of Canada’s Dave McKayRBC CEO Dave McKay is dedicated to advancing Canadian interests and a champion of issues like climate change and youth employment. Read more
Read more »
Air Canada posts $1.7-billion loss for 2022 but swings to profit in fourth quarterAir Canada CEO Michael Rousseau says the carrier’s improved financial performance reflects ‘solid demand’ and cost controls
Read more »
Annual pace of housing starts in Canada fell 13% in January, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts for the first month of the year was 215,365 units compared with 248,296 in December
Read more »
Insurer Intact Financial is still betting on Canada for acquisitions and growthIntact Financial\u0027s CEO says he is looking to expand the insurer into the U.S., but still sees opportunity in Canada. Find out more.
Read more »
FIRST READING: Cold, dangerous, racist – what foreign travel advisories say about CanadaRussia\u0027s ambassador to Canada recently warned his fellow Russians that Canada was a \u0027very dangerous country.\u0027
Read more »
FIRST READING: Cold, dangerous, racist – what foreign travel advisories say about CanadaRussia\u0027s ambassador to Canada recently warned his fellow Russians that Canada was a \u0027very dangerous country.\u0027
Read more »