Air Canada has reported third quarter 2017 EBITDAR of CA$1.388bn compared to the previous third quarter 2016 EBITDAR of CA$1.248bn, an increase of CA$140m. The airline recorded a third quarter EBITDAR margin of 28.4%. On a GAAP basis, Air Canada reported third quarter operating income of CA$1.004bn compared to the previous third quarter 2016 operating income of CA$896m. Air Canada reported adjusted net income of CA$950m in the third quarter of 2017 compared to adjusted net income of CA$821m in the third quarter of 2016. The airline reported third quarter net income of CA$1.786bn compared to net income of CA$768m in the previous year’s quarter. In the third quarter of 2017, Air Canada recorded a net income tax recovery of CA$793m on its consolidated statement of operations. This amount is excluded from Air Canada’s reported adjusted net income.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada