Air Canada Earnings
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Air Canada sees 11% revenue increase amid resilient international demandNorth American carriers with major international operations are benefiting from a rise in demand, as consumers choose to spend on experiences over goods.CanadaFeb 16
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Passenger rights overhaul won’t dent Air Canada’s profits much: CFOAnalysts 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.EconomyOct 30, 2023
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High demand, fares see Air Canada’s profits take off despite flight delaysOn Friday, Air Canada reported operating revenues in its second quarter climbed to $5.43 billion from $3.98 billion the year before.EconomyAug 11, 2023
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Air Canada reports Q1 revenue almost doubled compared with 1 year agoThe 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.CanadaMay 12, 2023
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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.MoneyFeb 17, 2023
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Air Canada customers can have ‘full confidence’ in airline this winter: CEOAir Canada chief executive Michael Rousseau says the airline's operating income for the quarter was positive for the first time since the pandemic began.MoneyOct 28, 2022
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Air Canada trims Q2 loss as spring travel boom sends revenue soaringAir 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.ConsumerAug 2, 2022
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Air Canada may raise fares to shore up net losses despite tripling revenue in Q1Air 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.EconomyApr 26, 2022
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Air Canada revenue nearly triples from last year as airline ramped up capacityAir Canada increased its capacity by 87 per cent compared with the third quarter of 2020, however it was still down 66 per cent when compared with the third quarter of 2019.MoneyNov 2, 2021
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Air Canada says easing travel restrictions increased bookings in Q2, loss narrowedAir Canada reported improving but still big losses in the second quarter as travel demand started to rise.CanadaJul 23, 2021
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