Record Results In 2014 For Air Canada

Air Canada generated the best results in its history in 2014 with net income growing 56 per cent to C$531m ($422.7m).

Air Canada generated the best results in its history in 2014 with net income growing 56 per cent to C$531m ($422.7m).

Described by the airline as a “breakout year”, Air Canada saw net income increase by C$105m ($83.6m) in the year ending December 31.

Air Canada revenues grew 7.1 per cent and rose to C$13.3bn ($10.5bn) in the same period.

The airline also carried a record 38.5 million passengers while ancillary revenues increased by 10 per cent.

Air Canada’s positive results come despite it making a C$100m ($79.16m) loss in Q4 2014, which it said was down to currency fluctuations.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish