 | Air Canada - AC.t is the flag carrier and largest airline in Canada. The airline, founded in 1936, provides scheduled and charter air transport for passengers and cargo to 178 destinations worldwide. It is the world's ninth-largest passenger airline by number of destinations. |  |
  
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On August 12, 2015 the company released News
AIR CANADA REPORTS RECORD SECOND QUARTER 2015 RESULTS
Air Canada had second quarter adjusted net income of $250-million, or 85 cents per diluted share, compared with adjusted net income of $139-million, or 47 cents per diluted share, in the second quarter of 2014, an improvement of $111-million, or approximately 80 per cent.
EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to $591-million compared with EBITDAR of $456-million in the same quarter in 2014, an increase of $135-million, or approximately 30 per cent, year over year. The airline recorded an EBITDAR margin of 17.3 per cent compared with an EBITDAR margin of 13.8 per cent in the second quarter of 2014, an improvement of 3.5 percentage points.
On a generally accepted accounting principles basis, Air Canada reported record second quarter operating income of $323-million compared with operating income of $245-million, an improvement of $78-million, or approximately 32 per cent, from the second quarter of 2014. An operating margin of 9.5 per cent in the second quarter of 2015 reflected an improvement of 2.1 percentage points from the same quarter in 2014.
   
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