Scrawny profits compared to what? You can't just state that without some form of comparison.

And the fall from 21$ to 1$ was not because of the current management. The new management has fixed  many holes that were left by the old management (long term maintenance costs, major union concessions,  pension relief(soon), profit, new low cost airline).  Seems to me your just basing your opinions on Air Canada circa 2008.