Reading Time: < 1 minute Air Canada will retire its remaining twenty-five EMB-190IGWs prior to the commencement of CS300 deliveries scheduled for late 2019, Chief Financial Officer Mike Rousseau said during an FY2017 earnings call on February 16. “We have made decisions to accelerate the removal of the EMB-190s from our mainline fleet. To do this we will retain the […]

Reading Time: 2 minutes Air Canada reported a C$100 million ($77.5 million) net profit for the first quarter of 2016, reversing its C$309 million net loss in 1Q 2015. “Despite somewhat unsettled economic times in Canadian resource markets, a very competitive domestic pricing environment and a continued weak Canadian dollar, we were able to increase our revenue base … […]