Feb 17 (Reuters) - Air Canada AC.TO -
* Air canada reports 2016 annual results
* Looking at 2017, we expect to achieve an ebitdar margin of between 15 to 18 per cent
* Quarterly operating revenue c$ 3,425 million versus c$ 3,182 million
* Q4 adjusted earnings per share c$0.14
* In Q4 of 2016, Air Canada recorded adjusted net income of $38 million or $0.14 per diluted share
* Q4 loss per share c$0.66
* For full year 2017, air canada expects adjusted casm to decrease 4.0 to 6.0 per cent compared to full year 2016.
* Q4 earnings per share view c$0.07, revenue view c$3.39 billion -- Thomson Reuters I/B/E/S
* Airline reported a net loss of $179 million or $0.66 per diluted share in q4 of 2016
* For Q1 of 2017, Air Canada expects adjusted casm to decrease 3.25 to 4.75 per cent when compared to Q1 of 2016
* Air canada continues to expect to achieve this target by 2018
* Air Canada sees full year 2017 positive free cash flow in range of $200 million to $500 million
* Q4 passenger revenue per rpm ("yield") 16.9 canadian cents versus. 18.2 canadian cents
* Q4 operating expense per asm 15.4 canadian cents versus 16.0 canadian cents a year ago
* Q4 passenger revenue per asm ("prasm") 13.5 canadian cents versus. 14.7 canadian cents
* Q4 adjusted casm 11.4 canadian cents versus 12.2 canadian cents a year ago
* Air Canada expects ebitdar margin in Q1 of 2017 to be approximately half of ebitdar margin recorded in Q1 of 2016 Source text for Eikon: ID:nCNW0w9pba Further company coverage: AC.TO