Air Canada's profit jumps 33 pct as fuel costs fall

Wed Aug 12, 2015 6:12am EDT
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Aug 12 (Reuters) - Air Canada, the country's largest airline, reported a nearly 33 percent rise in quarterly profit, helped by a decline in fuel costs.

The company's net income rose to C$296 million ($226.9 million), or C$1 per share, in the second quarter ended June 30, from C$223 million, or 75 Canadian cents per share, a year earlier.

The carrier's operating revenue rose 3.3 percent to C$3.41 billion. ($1 = 1.3 Canadian dollar) (Reporting by Sneha Banerjee in Bengaluru; Editing by Sriraj Kalluvila)