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Air Canada Reports 83% Drop in Revenues, Defers, Cancels Aircraft Orders


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LONDON – In its third-quarter earnings today, Air Canada (AC) has announced an 83% drop in revenues, encouraging the airline to take measures such as deferring aircraft orders and cutting down in size. The airline has recorded revenues at C$757m as well as a net loss of C$685m as the COVID-19 pandemic continues to wreak […]

The post Air Canada Reports 83% Drop in Revenues, Defers, Cancels Aircraft Orders appeared first on Airways Magazine.

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