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Air Canada reports $168M profit as revenue hits record high

Summary by Ground News
The Montreal-based airline says its fourth-quarter profit amounted to 41 cents per diluted share. Air Canada's passenger revenues hit $4.062 billion, doubling from the fourth quarter 2021 and about two per cent higher than the same period in 2019. The airline's profit for the period ended Dec. 31 included a foreign exchange gain of $316 million and covered the busy holiday season.

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Winnipeg Free Press broke the news in Winnipeg, Canada on Friday, February 17, 2023.
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