The Canadian carrier expects 2022 adjusted cost per available seat mile to be up about 15% to 17%, above 2019 levels, compared to its previous forecast of a 13% to 15% rise.
(Reporting by Kannaki Deka in Bengaluru; Editing by Vinay Dwivedi)
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18.2 CAD | +1.62% | -1.09% | -2.62% |
May. 21 | Canadian Airfares Flat YOY in April, Up 15.7% From 2019, National Bank Notes | MT |
May. 17 | Air Canada "Significantly" Increasing Service Across Canada and South of the Border | MT |
(Reuters) - Air Canada on Tuesday forecast higher full-year expenses, as it ramps up capacity amid a rise in labor costs and jet fuel prices.
The Canadian carrier expects 2022 adjusted cost per available seat mile to be up about 15% to 17%, above 2019 levels, compared to its previous forecast of a 13% to 15% rise.
(Reporting by Kannaki Deka in Bengaluru; Editing by Vinay Dwivedi)
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