Air Canada reports third quarter 2015 results

Air Canada has reported record third quarter adjusted net income of $734 million or $2.50 per diluted share compared to adjusted net income of $457 million or $1.55 per diluted share in the third quarter of 2014, an improvement of $277 million or approximately 61 per cent.  EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to $1,076 million compared to EBITDAR of $749 million in the same quarter in 2014, an increase of $327 million or approximately 44 per cent year-over-year. On a GAAP basis, Air Canada reported record third quarter operating income of $815 million compared