DALLAS – Air Canada (AC) today reported its second quarter 2022 financial results. Highlights include operating revenue of CA$3.981bn, an operating loss of CA$253m, free cash flow of CA$441m, and unrestricted liquidity of over CA$10.5bn. The operating loss is the narrowest quarterly loss since the beginning of the pandemic.
“The past three months have been very challenging for our company, our employees, and customers from an operational perspective,” said Michael Rousseau, President and Chief Executive Officer of Air Canada.
“The path to recovery from any serious event is rarely straight and easy. I thank our employees for their incredibly hard work, read more ⇒
Source:: “Airways Magazine”