Air Canada profits soar amid booming demand for international travel — and ticket prices took off, too

By WNews 1 Min Read

Air Canada says it earned a profit of $838 million in its most recent quarter amid booming demand for travel and higher fares — despite thousands of flight delays.

The Montreal-based carrier posted quarterly numbers on Friday morning that showed the company’s financial results are soaring to levels not seen since before the pandemic.

Operating revenues in the three-month period up until the end of June touched $5.43 billion, up from $3.98 billion in the same period a year ago.

Net income came in at $838 million in the quarter, a reversal from the loss of $386 million in the same period a year earlier. Earnings per

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Reading: Air Canada profits soar amid booming demand for international travel — and ticket prices took off, too

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