Air Canada reports record full year 2015 results

Air Canada has reported record full year adjusted net income of $1.222 billion or $4.18 per diluted share compared to record adjusted net income of $531 million or $1.81 per diluted share in 2014, an improvement of $691 million or $2.37 per diluted share. EBITDAR was $2.534 billion compared to $1.671 billion in 2014, an improvement of $863 million or 51.6 per cent. On a GAAP basis, Air Canada reported operating income of $1.496 billion in 2015, an increase of $681 million or 83.6 per cent from 2014. The airline reported net income of $308 million or $1.03 per diluted