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Air Canada Reports Q4 Losses

Air Canada, the country's biggest airline, reported a fourth-quarter net loss yesterday, as higher maintenance and fuel costs more than offset the gains from increased passenger traffic. The Montreal-based carrier said it had lost CAD$80 million (USD$80.29 million), compared with a year-earlier net profit of CAD$89 million. (Air Canada)
(published on 02/13/12)
