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UPDATE 1-Air Canada adj profit beats estimates due to lower fuel costs

2015-05-12 17:37:18| Airlines - Topix.net

Air Canada reported better-than-expected adjusted first-quarter earnings on Tuesday as fuel costs fell and other operating costs improved, and lowered its forecast for a key cost measure. Canada's biggest airline said it expects adjusted operating expense per available seat mile to fall between 1.5 percent and 2.5 percent for 2015.

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