Air Canada has reported an increase in its first quarter 2019 operating income despite facing pressures surrounding Transport Canada’s decision to ground Boeing’s 737 Max jets. The grounding hit 20% of Air Canada’s narrowbody fleet. However, the group’s purchase of the Aeroplan loyalty program paired with more passengers meant a 5% rise in passenger yield. The airline posted operating income of C$127 million in the first three months of 2019, compared to C$86 million profit experienced in the same period last year. Meanwhile, operating revenue rose to a first quarter record of C$4.45 billion compared with C$4.07 billion in the
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