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Montreal, Canada - Canada's national carrier Air Canada announced a billion-dollar loss during a conference call with analysts on May 4

“We’re now living through the darkest period ever in the history of commercial aviation, significantly worse than 9/11, SARS and the 2008 financial crisis,”

Chief Executive  Calin Rovinescu said.

The U.S.-Canada border remains closed to all nonessential travel.
Since mid-March, the airline has slashed its flight schedule by more than 90% and grounded more than 200 aircraft, cutting service internationally to just five airports. The company burned $22 million Canadian (US$16 million) in cash per day in March.

Air Canada said it lost $1.05 billion Canadian (US$748 million) in its first quarter, compared with a profit of $345 million in the same quarter last year as governments imposed travel restrictions around the world due to the COVID-19 pandemic.


The airline said remaining flights will be subject to an infrared temperature check at all airports. It already requires customers to wear face coverings. The airline also said customers in the economy class won’t be required to sit immediately next to another. Hand sanitizer will also be distributed.

Via Canadian Press

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