Originally Posted by
Totalshock
From the Globe article: "On an adjusted net income basis, which doesn’t take into account foreign exchange, the financing of employee benefits and other accounting factors, Air Canada actually saw an income of $115-million or 41 cents a share in the quarter"
From an upcoming Air Canada PR:
"On a mythical net income basis, which doesn’t take into account expenses, the financing of employee benefits and other accounting factors, Air Canada actually saw an income of over $3-billion or $10.70 a share in the quarter."