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Old May 9th, 2008, 02:35   #1
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Post Air Canada posts C$288 million loss on fuel costs, cargo pro

Air Canada reported a first-quarter net loss of C$288 million ($287 million), a substantial increase over a C$34 million loss in the year-ago period, blaming high fuel costs and charges associated with ongoing inquiries into potential antitrust violations in its cargo division.

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