Air Canada Swings to Profit, Logs Higher Sales in Fourth Quarter

Core Insights - The airline reported a quarterly profit of C$324 million, marking a significant turnaround from a loss of C$254 million in the same quarter of the previous year [1] Financial Performance - The profit of C$324 million indicates a positive shift in the airline's financial health compared to the previous year's loss [1] - The reversal from a loss to profit highlights improved operational efficiency and possibly increased demand in the airline industry [1]