Air Canada (TSX:AC) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.44) by 88.64 percent. This is a 88.89 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $5.785 billion which beat the analyst consensus estimate of $5.490 billion by 5.38 percent. This is a 11.34 percent increase over sales of $5.196 billion the same period last year.