AC Quarterly report

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

  1. canucklehead
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    canucklehead Gold Member

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    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).
     
    canucklehead, Aug 4, 2011
    #1
    milchap and sobore like this.
  2. milchap
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    milchap Gold Member

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    milchap, Aug 4, 2011
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  3. Canadi>n
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    Canadi>n Gold Member

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    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.
     
    Canadi>n, Aug 5, 2011
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