Air Canada Posts Strong 2013 Results

aviation

Just over a week after WestJet reported good earnings, Air Canada chimes in with news that 2013 was their best year in their 77 year history.   Its full-year adjusted earnings were a company record of $340 million, or $1.20 per share — six-times higher than in 2012.  This comes despite the fact that 4th quarter earnings missed forecast due to bad weather and the drop in the Canadian Dollar.