Air Canada (TSE:AC) has released an update.
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Air Canada has released preliminary results for Q2 2024, showing operating revenues of roughly $5.5 billion with a 6.5% year-over-year capacity increase, and a lowered adjusted EBITDA forecast due to challenging market conditions. Despite a dip in operating income and adjusted EBITDA compared to the previous year, the company is experiencing strong demand with record second-quarter operating revenues.
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