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Air Canada聽 TSX:AC is in recovery mode thanks to the easing of travel restrictions, ongoing vaccinations, and an uptick in bookings.Canada s largest airline company impressed with its latest financial performance. Its Q4 operating revenue stood at $2.73 billion, reflecting improvement on a year-over-year and sequential basis. Recovery in demand, capacity expansion, and strength in cargo revenues supported its top line. Further, strong Aeroplan program billings and improving trends in the bookings of Air Canada Vacations are positive.Air Canada remains upbeat and expects advance ticket sales to trend higher, despite the challenges from the Omicron variant of the coronavirus. Moreover, Air Canada recently provided an optimistic 2022 outlook that indicates a further recovery in capacity, which will support its revenue and profitability.聽Air Canada plans to expand ASM capacity available seat
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