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16-Apr-2018 11:59 AM

Nav Canada revenue up 3% in Q2FY2018

NAV CANADA reports (12-Apr-2018) the following financial highlights for year ended 28-Feb-2018:

  • Three months ended 28-Feb-2018:
    • Revenue**: CAD305 million (USD242.3 million), +3.0% year-on-year;
    • Operating costs: CAD340 million (USD270.1 million), +3.7%;
  • Six months ended 28-Feb-2018:
    • Revenue**: CAD652 million (USD518.8 million), +3.8% year-on-year;
    • Operating costs: CAD680 million (USD541.1 million), +4.8%;
    • Air traffic: +4.0%. [more - original PR]

*Based on the conversion rate at USD1 = CAD1.258741 for three months ended 28-Feb-2018
**Based on the conversion rate at USD1 = CAD1.256749 for six months ended 28-Feb-2018

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