November 7, 2016 / 11:13 AM / 9 months ago

Air Canada reports 75.7 pct rise in quarterly profit

Nov 7 (Reuters) - Air Canada reported a 75.7 percent rise in quarterly profit as it flew more passengers and fuel costs fell.

The company's net income rose to C$768 million ($573 million), or C$2.74 per share, in the third quarter ended Sept. 30 from C$437 million, C$1.48 per share, a year earlier.

The Montreal-based airline's revenue rose 10.6 percent to C$4.45 billion. ($1 = C$1.34) (Reporting by Ahmed Farhatha in Bengaluru; Editing by Maju Samuel)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below