Air Canada Stock Surges
This is a France news story, published by torontosun, that relates primarily to Air Canada news.
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revenue impacttorontosun
•Air Canada reports $2.04B Q3 profit, operating revenue down from year ago
90% Informative
Air Canada reported a profit of $2.04 billion , up from $1.25 billion in the same quarter last year .
Profits were also impacted by competitive market pressure, along with lower demand to France because of the Olympics .
Air Canada also announced a share buyback program covering about 10 per cent of outstanding shares.
The airline has slightly boosted its earnings expectations for 2024 .
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