November 5, 2015 / 11:10 AM / 2 years ago

Air Canada's profit rises 35 pct as fuel costs decline

Nov 5 (Reuters) - Canadian airliner Air Canada reported a 35.3 percent rise in quarterly profit, helped by a decline in fuel costs.

The company’s net income rose to C$437 million ($332 million), or C$1.48 per share, in the third quarter ended Sept. 30, from C$323 million, or C$1.10 per share, a year earlier.

The carrier’s operating revenue rose nearly 6 percent to C$4.02 billion. ($1 = C$1.31) (Reporting by Sneha Banerjee in Bengaluru; Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below