Air Canada Posts Q4 Loss

Symbols: AIDEF
Tags: Earnings
Posted in: Earnings, News
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Air Canada (OTC: AIDEF) reported a net loss in the fourth quarter.

Air Canada posted a quarterly loss of C$80 million, or 22 Canadian cents per share, versus a year-ago net profit of C$89 million, or 27 Canadian cents per share. Excluding one-time items, Air Canada lost 64 Canadian cents per share.

Air Canada shares closed at $1.2925 yesterday.


 
 
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