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Description: Air Canada posted a profit of $168 million in the most recent quarter that ended December 31. Even with the bad weather that made for a general rough patch over the Christmas travel period, Air Canada still managed to generate positive results. Revenue was 2% higher than for the same period in 2019, indicating the airline is bouncing back somewhat from the down-trend that dates to the beginning of the SARS-Cov-2 crisis.

Date:  February 17, 2023

Source:  ctvnews.ca

 Link: https://www.ctvnews.ca/business/air-canada-posts-q4-profit-offering-new-optimism-after-tough-year-for-airline-1.6278657

Discussion points:

1) Have you flown since the pandemic started? How was your experience?

2) Do you think Canada has too many airlines?

3) Page 12-24 of Wiley’s Managerial Accounting: Tools for Business Decision-Making talks about an important performance measure for airlines such as Air Canada and WestJet. What is this measure and why do you think it is such a key metric in the industry?

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