Air Canada quarterly net loss narrows as expenses fall

Wed Feb 12, 2014 6:11am EST
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Feb 12 (Reuters) - Air Canada, the country's largest carrier, reported a smaller quarterly net loss, helped by lower expenses.

The company's net loss narrowed to C$6 million ($5.4 million), or 2 Canadian cents per share, in the quarter ended Dec. 31 from C$60 million, or 22 Canadian cents per share, a year earlier.

Excluding items, Air Canada earned 1 Canadian cent per share.