Air Canada narrows net loss during the first quarter

Air Canada has posted an adjusted net loss of approximately $143 million versus an adjusted net loss of $162 million in the first quarter of 2012. It’s net loss of approximately $260 million versus a net loss of $274 million in the first quarter of 2012. The airline posted an operating loss of approximately $106 million versus an operating loss of $91 million in the first quarter of 2012. Earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent was approximately $145 million versus $174 million in the first quarter of 2012 In the first quarter of 2013, Air