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Total revenues declined 70 per cent due to COVID-19 and travel restrictions MONTREAL, Feb. 12, 2021 /CNW/ - Total revenues of $5.833 billion in 2020 declined $13.298 billion or 70 per cent from 2019. The airline reported 2020 negative EBITDA (1) (excluding special items) or (earnings before interest, taxes, depreciation and amortization) of $2.043 billion compared to 2019 EBITDA of $3.636 billion.  Air Canada reported an operating loss of $3.776 billion in 2020 compared to operating income of $1.650 billion in 2019.   Unrestricted liquidity amounted to $8.013 billion at December 31, 2020. With today s release of 2020 fourth quarter and full year results, we close the book on the bleakest year in the history of commercial aviation, after having reported several years of record results and record growth at Air Canada. The catastrophic impact of COVID-19 and government-imposed travel restrictions and quarantines has been felt across our entire network, deeply affecting all of ou

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