Air Canada sliter også, og skal kutte og spare

[Someone]

* Tapte CAD$727 siste kvartal, hvilken vel er i "SAS-klassen"
* Kutter kapasiteten med 3,5%
* Kostnade x-fuel økte kraftig og selskapet må kutte i kostnadene

http://news.airwise.com/story/view/1234554719.html

Air Canada reported a worse than expected quarterly loss on Friday on waning passenger revenue and sharply higher costs, and said it aims to wrest more savings from operations to preserve cash.

In the fourth quarter, Air Canada lost CAD$727 million, down from a year-earlier profit of CAD$35 million.

Operating revenue fell marginally to CAD$2.5 billion from CAD$2.51 billion.

Shares in Canada's biggest airline fell 23 percent on the Toronto Stock Exchange as investors fretted over its ability to ride out the recession

The airline said last month it was laying off another 345 flight attendants