Air Transport World

Air Canada. (North America Report).(net loss reported)(Brief Article)(Statistical Data Included)

Air Canada reported a net loss of C$219 million ($140 million) in the first quarter ended March 31 compared to a loss of C$179 million in the year-ago period. The company said that on a nonGAAP basis with nonrecurring items removed the 2002 loss totaled C$183 million while the 2001 loss was C$239 million. Operating revenues declined 2.6% to C$2. …

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