Air Canada shares fall as carrier misses forecast profit – blames grounding costs of MAX 737
Air Canada has reported adjusted net income of CA$47 million or CA$0.17 per share for the fourth quarter of 2017 against an average predicted quarterly earning of CA$0.38 per share, resulting in a drop of 2.4% in early morning trading of shares. The carrier has been hit hard by increased operating costs of less-efficient aircraft […]