Air Canada reports over $1 billion loss in first quarter due to coronavirus pandemic

[tacobell fan]

Air Canada said it lost $1.05 billion in its first quarter compared with a profit of $345 million in the same quarter last year. The company also said that a recovery to 2019 revenue levels and capacity is three years away.

[tacobell fan]

Air Canada's capacity is down 85-90% in the second quarter and is expected to recover slightly to -75% in Q3.

[acuman]

Bariga konukkovachhu

[tacobell fan]

1 minute ago, acuman said:

Bariga konukkovachhu

not worth even in long run because time is everything