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SHARES FALL IN AIR CANADA FOLLOWING ROUTE CUTS

Dino D'Amore
By Dino D'Amore Mar 18, 2011 1 mins read
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SHARES FALL IN AIR CANADA FOLLOWING ROUTE CUTS

Shares in Air Canada fell 4.41% after the airline warned that high fuel prices have forced it to downgrade its growth forecast. Air Canada’s growth forecast was down from the 5.5% and 6.5% on February 10 to between 4.5% and 5.5%. In the first quarter, Air Canada says it will adjust capacity growth...

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