About: http://data.cimple.eu/news-article/146973d39cb59d9038c5c5f0740a6711b8b2ff133a939e5ad189c49b

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/146973d39cb59d9038c5c5f0740a6711b8b2ff133a939e5ad189c49b Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Air Canada on Friday announced a loss of more than CAN$1.7 billion (US$1.27 billion) in the second quarter due to the "devastating effects" of the coronavirus pandemic. With travel at a near standstill, the airline's revenue fell 89 percent in the April-June period, with most flights suspended due to containment measures and border closings imposed to stem the pandemic, Air Canada said in a statement. The number of passengers fell 96 percent compared to a year ago, forcing Air Canada to cut 20,000 jobs, more than half its workforce, the company said. "As with many other major airlines worldwide, Air Canada's second quarter results confirm the devastating and unprecedented effects of the COVID-19 pandemic," the airline's chief Calin Rovinescu said. Revenue plummeted to $527 million, compared to over $4.7 billion in the same period in 2019, when the airline saw net income of $343 million. In contrast with the shutdown of passenger service, cargo revenue rose 52 percent to $269 million, with the conversion of Boeing 777s and 787s to carry medical equipment to deal with the pandemic. Citing a "impossible operating environment" after Canada imposed some of the world's "most severe" restrictions, Rovinescu called on Ottawa "to take prudent steps to replace current blanket travel restrictions and quarantines with targeted evidence-based measures that reflect current circumstances." After taking some painful steps to respond to the unprecedented crisis, he said the airline is looking forward to the "equally unprecedented opportunity to rebuild a smaller but even more nimble airline, with a simplified and younger fleet and a lower cost structure coming out of the crisis." jl/hs/sst
schema:headline	Air Canada takes huge loss amid pandemic travel shutdown
schema:mentions	Ottawa Canada Pandemic Coronavirus disease 2019 Calin Rovinescu Air Canada Supersonic transport Net income
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-31 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software