Air Canada reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 5,226 million compared to CAD 4,887 million a year ago. Net loss was CAD 81 million compared to net income of CAD 4 million a year ago.

Basic loss per share from continuing operations was CAD 0.22 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.22 compared to CAD 0.03 a year ago.