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Company News

Air Canada suspends first quarter, 2019 forecast, citing Boeing Max groundings

March 15 (Reuters) - Canada’s biggest carrier Air Canada on Friday suspended its previous forecast for the first quarter and full year after Canada grounded Boeing Co’s 737 MAX jets following a deadly crash in Ethiopia on Sunday.

The company said its forecast for 2020 and 2021 for annual profit margin remained in place. (Reporting by Debroop Roy in Bengaluru; Editing by Arun Koyyur)

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