News: Air Canada reports first quarter 2022 financial results

First quarter operating revenues of $2.573 billion, or about three-and-a-half times first quarter 2021 operating revenues. First quarter 2022 operating loss of $550 million compared to an operating loss of $1.049 billion in the first quarter of 2021. Advance ticket sales grew about $1.2 billion in the first quarter of 2022 from year end 2021. Airbus A321XLR order increased by four to 30 aircraft with IAE to supply related PW1100G-JM engines