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Air Canada Q2 EBITDAR $670 million

Staff Writer |
Air Canada reported record second quarter 2017 EBITDAR (earnings before interest, taxes, depreciation, amortization, impairment and aircraft rent) of $670 million compared to the previous record second quarter 2016 EBITDAR of $605 million, an increase of $65 million and consistent with the forecast in Air Canada's July 6th, 2017 news release.

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The airline recorded a second quarter EBITDAR margin of 17.1 percent.

On a GAAP basis, Air Canada reported second quarter operating income of $281 million versus operating income of $277 million in the second quarter of 2016.

Air Canada recorded adjusted net income(1) of $215 million or $0.78 per diluted share in the second quarter of 2017 compared to adjusted net income of $203 million or $0.72 per diluted share in the second quarter of 2016.

The airline reported record second quarter net income of $300 million or $1.08 per diluted share compared to net income of $186 million or $0.66 per diluted share in the second quarter of 2016.


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