Air Canada reported a 9.4% year-over-year (YOY) drop in third-quarter net income as the absence of its Boeing 737 MAX aircraft took a toll on peak summer operations. The Canadian flag carrier posted 3Q net income of C$636 million ($487 million), compared to a restated C$702 million for the same period last year. Operating revenue was up 3% to C$5.6 billion, a third-quarter record, while expenses increased 2% to C$4.6 billion. Air Canada has 24 MAX 8s and had originally planned to have 36 ...

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