Air Canada reports improved first quarter results

Air Canada has reported first quarter 2019 EBITDA of CA$583 million compared to first quarter 2018 EBITDA of CA$504 million. The airline reported first quarter 2019 operating income of CA$127 million compared to first quarter 2018 operating income of CA$86 million. 

Adjusted pre-tax income amounted to CA$24 million in the first quarter of 2019 compared to an adjusted pre-tax loss of CA$-32 million in the first quarter of 2018.  On a GAAP basis, the airline reported net income of CA$345 million in the first quarter of 2019 compared to a net loss of CA$-203 million in the first quarter of 2018. 

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