Airline

HIGH PASSENGER REVENUE HELPS AIR CANADA CUTS OPERATING LOSS

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HIGH PASSENGER REVENUE HELPS AIR CANADA CUTS OPERATING LOSS

Air Canada has been able to narrow its quarterly operating loss as higher passenger revenue offset a big rise in fuel costs. Fuel costs for the airline in the first quarter rose C$120 million ($124 million) and for the full year, higher fuel charges are expected to add about C$800 million to operati...

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