MONTREAL — Air Canada reported a third-quarter profit of $2.04 billion, up from $1.25 billion in the same quarter last year, as its operating revenue edged slower.
The airline says its profit amounted to $5.38 per diluted share for the quarter ended Sept. 30, up from $3.08 per diluted share a year earlier.
Operating revenue for the quarter totalled $6.11 billion, down from $6.34 billion in the same quarter last year.
On an adjusted basis, Air Canada says it earned $2.57 per diluted share, down from an adjusted profit of $3.41 per diluted share a year earlier.
In its outlook, the airline says it now expects its capacity measured by available seat miles for 2024 to be up about five per cent from 2023 compared with earlier…
