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Why is Air Canada losing so much money and what can done about it?
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17th Aug 2009, 17:39
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yycflyguy
Join Date: Feb 2008
Location: Toronto
Posts: 23
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Q2 results are not that bad.
Air Canada reported Q2/09 EBITDAR of $135 million with yields and the
H1N1 virus negatively impacting results. While results were weak, they
were not unexpected.
Projecting over $550 million profit in 2010.
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