👉Air Canada announced a fourth-quarter profit of $184 million, marking an increase from $168 million the previous year, while experiencing an 11% rise in operating revenue. The airline reported earnings of 41 cents per diluted share for the quarter ended December 31, consistent with the same period in 2022. Operating revenue reached $5.18 billion, up from $4.68 billion in Q4 2022, attributed to a nine percent increase in operational capacity. Operating expenses rose by eight percent due to higher costs related to increased capacity and traffic, partially offset by lower jet fuel prices. On an adjusted basis, Air Canada reported a loss of 12 cents per diluted share, a significant improvement from the 61 cents loss a year earlier.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #AirCanadaEarnings #Q4FinancialResults #OperatingRevenueSurge #AirlineIndustry #FinancialPerformance #TravelNews #ProfitReport #mnm #malayalisnearmeapp #canadaupdate #canadanews