Air Canada beats third quarter estimates on strong bookings
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Recorded operating revenues of more than $6.3 billion for the three months ended Sept. 30, a 19% increase over last year
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Air Canada reported better than expected results for the third quarter on Oct. 30 as strong advance ticket sales point to growing demand for international travel.
The airline topped analyst estimates as it reported adjusted earnings before interest, taxes, depreciation and amortization of $1.83 billion, a $773-million increase from the third quarter of 2022 and 17 per cent above the consensus of $1.57 billion.
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Denise Paglinawan
2023-10-30 13:15:02
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