Airline

Canadian carriers share price hit by dollar falls

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Canadian carriers share price hit by dollar falls

Shares in Air Canada closed down 12.3%, while Air Transat fell 8% and WestJet down 4% due to heavy trading. The sell-off was prompted by Air Canada Calin Rovinescu's comments about the impact of the falling dollar on the carrier. The decrease has placed significant pressure on airlines because fuel ...

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