Air Canada posts $650 million 2016 net profit

Credit: Air Canada
Air Canada reported C$876 million ($650.3 million) net profit for 2016, nearly tripling the airline’s C$308 million net profit in 2015. The airline’s full-year consolidated operating revenue was C$14.7 billion, up 5.8% over C$13.9 billion in 2015; operating expenses totaled C$13.3 billion, up 7.8%...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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