Air Canada (TSX:AC) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.30 by 116.67 percent. This is a 160 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $5.770 billion which beat the analyst consensus estimate of $5.549 billion by 3.98 percent. This is a 6.77 percent increase over sales of $5.404 billion the same period last year.