Posted on 07/11/09
Air Canada sights recovery on its radar
TRANSPORTATION REPORTERThe erosion in Air Canada's business-class revenue is becoming less severe, sparking hope that the travel market is finally on the mend."The worst of the worst seems to be behind us," Air Canada chief executive officer Calin Rovinescu said during a conference call yesterday, after announcing a profitable third quarter due to foreign-exchange gains. "We're seeing sprouts of green coming up from the earth. "
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