BRIEF-Air Canada Q1 adjusted earnings per share $0.30

Fri Apr 29, 2016 6:23am EDT
 
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April 29 (Reuters) - Air Canada

* Air canada reports first quarter 2016 results

* Expects full year 2016 ebitdar to increase 4 to 8 per cent from full year 2015 ebitdar

* Q1 adjusted earnings per share $0.30

* Q1 operating expense per asm ("casm") 16.1 canadian cents versus 16.6 canadian cents

* Reported net income of $101 million or $0.35 per diluted share in q1 of 2016

* Q1 adjusted casm 12.3 canadian cents versus 11.9 canadian cents

* For q2 of 2016 expects adjusted casm to increase between 2.0 to 3.0 per cent

* For full year 2016, air canada expects adjusted casm to decrease between 1.75 to 2.75 per cent   Continued...