AC Quarterly report

Discussion in 'Air Canada | Aeroplan' started by canucklehead, Aug 4, 2011.  |  Print Topic

  1. canucklehead
    Original Member

    canucklehead Gold Member

    Messages:
    5,895
    Likes Received:
    22,059
    Status Points:
    11,080
    AC is reporting a quarterly loss (2nd quarter 2011) of $46M as compared to $318M last year. Operating income improved to $73M (from $46M last yr).
     
    milchap and sobore like this.
  2. milchap
    Original Member

    milchap Gold Member

    Messages:
    28,307
    Likes Received:
    149,417
    Status Points:
    20,030
  3. Canadi>n
    Original Member

    Canadi>n Gold Member

    Messages:
    1,958
    Likes Received:
    1,617
    Status Points:
    1,130
    AC has a huge pension bill that WS does not. This consistently eats into AC's profit potential. If WS had an employee pension plan, it would not likely make much of a profit.
     

Share This Page