Air Canada says post-COVID ‘revenge travel’ slowing as profits fall
Air Canada says it lost $81 million in its first quarter, falling below analysts' expectations even as revenue and capacity ramped up.
![Air Canada says post-COVID ‘revenge travel’ slowing as profits fall](https://globalnews.ca/wp-content/uploads/2024/05/2024050208050-051eb8c0f430b7b78be5cf4e8f2af5d9a7b15823476fafa41f9f36460387001f_b04360.jpg?quality=85&strip=all&w=720&h=480&crop=1#)
![](https://globalnews.ca/wp-content/uploads/2024/05/2024050208050-051eb8c0f430b7b78be5cf4e8f2af5d9a7b15823476fafa41f9f36460387001f_b04360.jpg?quality=85&strip=all&w=720&h=480&crop=1)
Air Canada says it lost $81 million in its first quarter, falling below analysts' expectations even as revenue and capacity ramped up.