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Post-pandemic travel: ready for take-off? theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.
Air Canada to launch slew of Boeing 767 freighter routes routesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from routesonline.com Daily Mail and Mail on Sunday newspapers.
Air Canada Cargo Announces Launch Routes For its Newly Converted Freighter Aircraft Arriving This Fall newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Air Canada Asks Government To Ease Travel Restrictions After Reporting Q1 Losses Of $1.3B forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Share this article MONTREAL, May 7, 2021 /CNW Telbec/ - Air Canada today reported first quarter 2021 financial results: Operating revenues of $729 million, a decline of $2.993 billion or 80 per cent from the first quarter of 2020. Negative EBITDA (1 ) (earnings before interest, taxes, depreciation and amortization), excluding special items, of $763 million compared to EBITDA of $71 million in the same quarter of 2020. Operating loss of $1.049 billion compared to an operating loss of $433 million in the first quarter of 2020. Net cash burn of $1.274 billion, or approximately $14 million per day, on average. Unrestricted liquidity amounted to $6.582 billion at March 31, 2021. The persistence of COVID-19 and its resurgence in Canada are weighing heavily on the Canadian airline industry, as reflected in Air Canada s first quarter results. Still, through the hard work and dedication of our employees, we are operating a limited schedule for ne ....