Air Canada expects bigger 1st-quarter operating loss

Mon Apr 22, 2013 6:23am EDT
 
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April 22 (Reuters) - Air Canada , Canada's largest airline, estimated a bigger operating loss for the first quarter, and will record an impairment charge of C$24 million related to Airbus A340-300 aircraft.

Operating loss widened to C$106 million ($103.3 million) for the quarter ended March from C$91 million a year earlier.