Air Canada (TSX:AC) reported quarterly losses of $(0.45) per share which beat the analyst consensus estimate of $(0.47) by 4.26 percent. This is a 66.67 percent decrease over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $5.20 billion which missed the analyst consensus estimate of $5.33 billion by 2.51 percent. This is a 0.57 percent decrease over sales of $5.23 billion the same period last year.