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Air Canada reports $685M loss in third quarter

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Air Canada is reporting a $685-millon loss in its third quarter.

That compared to the $636-million profit reported in the same quarter last year.

The airline says the total number of passengers carried in the quarter was down 88 per cent compared to a year ago.

It says it plans to cut its fourth-quarter capacity by approximately 75 per cent compared with the fourth quarter of 2019.

 

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