{"id":7830,"date":"2018-04-30T06:32:20","date_gmt":"2018-04-30T10:32:20","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=224a49939a11ccea64a00657c0f207b4"},"modified":"2018-04-30T06:32:20","modified_gmt":"2018-04-30T10:32:20","slug":"air-canada-reports-170m-first-quarter-loss-revenue-up-from-year-ago","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/30\/air-canada-reports-170m-first-quarter-loss-revenue-up-from-year-ago\/","title":{"rendered":"Air Canada reports $170M first-quarter loss, revenue up from year ago"},"content":{"rendered":"<p>MONTREAL &#8212; Air Canada reported a smaller-than-expected loss in its first quarter as its revenue grew compared with a year ago, boosted by increased capacity and passenger traffic.<\/p>\n<p>The airline says it lost $170 million or 62 cents per diluted share for the quarter compared with a loss of $13 million or five cents per share in the same quarter last year.<\/p>\n<p>Operating revenue for the quarter totalled $4.07 billion, up from $3.64 billion.<\/p>\n<p>The most recent quarter included losses on foreign exchange of $112 million compared with gains on foreign exchange of $70 million in the first quarter of 2017.<\/p>\n<p>On an adjusted basis, Air Canada says it lost $52 million or 19 cents per diluted share compared with an adjusted loss of $63 million or 23 cents per diluted share a year ago.<\/p>\n<p>Analysts on average had expected an adjusted loss of 44 cents per share for the quarter, according to Thomson Reuters.<\/p>\n<p>Companies in this story: (TSX:AC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MONTREAL &mdash; Air Canada reported a smaller-than-expected loss in its first quarter as its revenue grew compared with a year ago, boosted by increased capacity and passenger traffic. The airline says it lost $170 million or 62 cents per diluted share for the quarter compared with a loss of $13 million or five cents per [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7830"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7830"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7830\/revisions"}],"predecessor-version":[{"id":7831,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7830\/revisions\/7831"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}