BRIEF-Air Canada Q2 adjusted earnings per share $0.72

Fri Jul 29, 2016 6:11am EDT
 
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July 29 (Reuters) - Air Canada

* In q2 of 2016, system passenger revenues of $3.143 billion increased $61 million or 2.0 per cent from q2 of 2015

* Air canada qtrly adjusted casm decreased 1.1 per cent from q2 of 2015

* Air canada says continues to expect depreciation, amortization and impairment expense to increase by $150 million from full year 2015

* Now expects fy aircraft maintenance expense to increase by $165 million from full year 2015

* As part of its assumptions, air canada assumes relatively low to modest canadian gdp growth for period 2016 to 2018

* Q2 earnings per share view c$0.57, revenue view c$3.52 billion -- Thomson Reuters I/B/E/S

* All figures in c$

* Air canada says for q3 of 2016, expects adjusted casm to decrease between 5.5 to 6.5 per cent when compared to q3 of 2015   Continued...