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
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?