Air Canada loses $20 million in the first quarter, will cut domestic capacity

Air Canada Boeing 777-333 ER C-FITW (msn 35298) LHR (Wingnut), originally uploaded by Airliners Gallery.

Air Canada (Montreal) has reported a $20 million loss in the first quarter.

Read the full story from Reuters: CLICK HERE

The company also plans to launch its new low cost subsidiary in a year.

Air Canada Slide Show: CLICK HERE

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This entry was posted in Air Canada and tagged Air Canada on May 9, 2011 by Bruce Drum.

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