Air Transport World

Air Canada. (News Briefs: North America Report).(will report operating losses)(Brief Article)

Air Canada said that despite a return to profitability in the second and third quarters, it will report fourth-quarter and full-year operating losses because of the "difficult global airline environment." The fourth-quarter operating loss will he less than that for the same period in each of the past two years, however; AC lost C$308 million ($200 million) and C$395 million respectively in the final quarters of 2001 and 2000. …

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