Air Canada Earnings

• Air Canada sees more profit coming from international demand, cheaper jet fuel

  Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence in business bookings.

  Money

  Nov 1, 2024
  
• Air Canada says it’s still not back to pre-pandemic scale as profit sinks

  In its outlook, Air Canada says it plans to increase its available seat mile capacity in the third quarter by between four and 4.5 per cent compared with the same quarter in 2023.

  Consumer

  Aug 7, 2024
  
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• Air Canada sees 11% revenue increase amid resilient international demand

  North American carriers with major international operations are benefiting from a rise in demand, as consumers choose to spend on experiences over goods.

  Canada

  Feb 16, 2024
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• Passenger rights overhaul won’t dent Air Canada’s profits much: CFO

  Analysts on average had expected an adjusted profit of $2.15 per share for the quarter, according to estimates compiled by financial markets data firm Refinitiv.

  Economy

  Oct 30, 2023
• High demand, fares see Air Canada’s profits take off despite flight delays

  On Friday, Air Canada reported operating revenues in its second quarter climbed to $5.43 billion from $3.98 billion the year before.

  Economy

  Aug 11, 2023
• Air Canada reports Q1 revenue almost doubled compared with 1 year ago

  The airline reported net income of $4 million for the quarter ended March 31, up from a loss of $974 million in the same quarter last year.

  Canada

  May 12, 2023
• Air Canada posts $168M profit in latest quarter as passenger demand boosted revenues 

  "We expect a solid demand environment in 2023," Air Canada Chief Executive Officer Michael Rousseau said.

  Money

  Feb 17, 2023
• Air Canada customers can have ‘full confidence’ in airline this winter: CEO

  Air Canada chief executive Michael Rousseau says the airline's operating income for the quarter was positive for the first time since the pandemic began.

  Money

  Oct 28, 2022
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• Air Canada trims Q2 loss as spring travel boom sends revenue soaring

  Air Canada's CEO says the travel industry's reopening headaches have been 'particularly challenging' in Canada, but he hinted there could be light on the horizon.

  Consumer

  Aug 2, 2022
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• Air Canada may raise fares to shore up net losses despite tripling revenue in Q1

  Air Canada's CEO said Tuesday that the year-over-year improvement in the airline's results is clear evidence that the COVID-19 recovery is underway.

  Economy

  Apr 26, 2022