Air Canada news
Air Canada posted a profit a net profit for 2012, its first annual profit in five years.
Comparison of Air Canada’s stock and its main domestic competitor WestJet Airlines
So between 2006 – 2013 West Jet share price increased 56% and Air Canada’s dropped 88%.
And some highlights from the article
“For 2012, Air Canada reported net income of C$131 million compared to a net loss of $249 million in 2011. The last time the airline made an annual profit was in 2007.”
“Air Canada’s stock, which has surged 74 percent in the past year, was unchanged at C$2.45 on the Toronto Stock Exchange on Thursday.”
“Air Canada’s load factor, a measure of how many passengers its aircraft carried compared with capacity, rose to 81.2 percent in the fourth quarter from 78.9 percent in the same period the previous year.”