Air Canada reported a smaller Q4 loss and will add capacity through 2022

Air Canada  stated on Feb. 18 it will add capacity through 2022 as pandemic journey restrictions calm down, after reporting a smaller fourth-quarter loss due to sturdy advance ticket gross sales regardless of a December Omicron outbreak.

Canada’s largest service, which misplaced C$3.6 billion in 2021, is including flights and bringing again workers amid hopes for an extra easing of presidency restrictions. Shares rose round 2% in morning commerce.

Canada’s largest provinces are reopening companies and eradicating vaccine passport curbs as coronavirus circumstances drop and after dealing with mass protests in opposition to the measures.