10:14 AM EST - Air Canada : reported a narrower operating loss in the fourth quarter on Friday, as the country's biggest airline enjoyed stronger passenger revenues. Air Canada, which was taken public by parent ACE Aviation Holdings Inc. in November, had an operating loss of $5 million, compared with a loss of $91 million a year earlier. Passenger revenues gained 6 percent to $2.1 billion, driven by a 5 percent growth in traffic on a capacity growth of 4 percent and a 1 percent yield improvement. Air Canada
shares T.AC.B are trading up 60 cents at $19.90.
