Montreal-based airline, Air Canada has posted strong operating profits following a busy summer quarter. An increase in business travel and Asian traffic, the airline income from operations nearly quadrupled to $327 million from $68 million last year. Passenger revenues were up 15% to $3 billion thanks to a 9.7% growth in traffic. Nearly a third of this was driven by Pacific traffic. Calin Rovinescu, president of Air Canada, stated that the 26% growth in premium cabin revenues shows business travellers are returning and that the airline’s initiatives are working. “Our significantly improved financial performance in the quarter clearly demonstrates that

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In