The E-190 hits Air Canada results

Despite a strong performance in the second quarter of 2018, Air Canada reported a pre-tax loss of $ 71 million. This loss is largely attributable to the $ 186 million write-off of the 25 Embraer E-190 aircraft that will be divested in the coming months. Air Canada is the second carrier to post a quarterly loss after JetBlue due to the devaluation of the E-190s.

For the rest Air Canada had another very good quarter, to read the complete results, click here

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