Air Canada Reports Q3 Revenue Growth of 21% with Non-GAAP EPS of C$0.75
Air Canada has released its third-quarter financial results, reporting a significant year-over-year revenue increase of 21%, reaching C$6.98 billion. The airline achieved a non-GAAP earnings per share (EPS) of C$0.75 for the period. The company's balance sheet shows total liquidity of C$8.018 billion, helping to offset long-term debt and lease liabilities totaling C$10.853 billion. The net debt currently stands at C$4.219 billion as the airline continues its operational scaling.
Topics: debt management earnings report liquidity revenue growth