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Air Canada

Air Canada provides domestic, U.S. transborder, and international airline services. It provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2025, the company operated a fleet of 223 aircraft under the Air Canada brand name comprising 132 Airbus narrow-body aircraft, and 91 Airbus wide-body aircraft; 33 aircraft under the Air Canada Rouge brand name consisting of 13 Airbus A321 aircraft, 5 Airbus A320 aircraft, and 15 Airbus A319 aircraft; 105 aircraft under the Air Canada Express brand name, including 25 Embraer 175, 35 Mitsubishi CRJ-900, and 45 De Havilland Dash 8-400aircraft; and 15 Mitsubishi CRJ-200 aircraft. It provides air cargo services for routes between Canada, the United States, Europe, Asia, South America, and Australia. In addition, the company develops, operates, markets, and distributes vacation travel packages in the Caribbean, Mexico, the United States, Europe, Central and South America, Asia, Oceania, and the Middle East; offers cruise packages in North America, Europe, the Caribbean, Japan, and Dubai; and provides travel loyalty programs. It also operates Air Canada Café. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada.

Price · split & dividend adjusted
News & notes moving 0SE9.LSE
0SE9.LSE

Chorus Aviation Q2 adjusted EPS rises 54% to C$0.83

Chorus Aviation reported second-quarter adjusted earnings per share of C$0.83, a 54% increase from a year earlier. Adjusted EBITDA was C$50.7 million, essentially flat, as higher contributions from Voyageur and newly acquired KADEX Aero Supply offset contractual reductions in fixed-margin and leasing revenue under the Air Canada capacity purchase agreement. KADEX contributed C$16.4 million in revenue and C$1.2 million in net income in its first quarter under Chorus, exceeding initial expectations. The company generated C$72.6 million in free cash flow and aircraft-sale proceeds during the quarter, repurchased C$14.8 million of shares, and paid its C$0.11 quarterly dividend. Chorus reaffirmed full-year guidance and is tracking toward the upper end of its range.
MarketBeat·17dRead more ▾
Aerospace & Aviation2

Airbus and Air Canada launch C$13.7 million SAF co-investment platform

Airbus and Air Canada have created a C$13.7 million Sustainability Co-Investment Platform focused on sustainable aviation fuel production in Canada. The partners also entered a multi-year SAF purchase agreement and plan to increase engagement with Canadian policymakers on aviation decarbonization. By committing capital and a multi-year offtake arrangement, Airbus is moving beyond its traditional role as an aircraft supplier and engaging earlier in the aviation fuel chain, signaling to airlines, regulators, and competitors such as Boeing and Embraer that it is prepared to share early-stage risk in building a domestic SAF industry.
Simply Wall St·33dRead more ▾
0SE9.LSE2

Air Canada ratifies new collective agreement with IAM for 11,000 technical support, maintenance, and operational support employees

Air Canada announced the ratification of a new four-year collective agreement with the International Association of Machinists and Aerospace Workers, covering 11,000 employees in the airline's technical support, maintenance, and operational support unit. The agreement, effective April 1, 2026 through March 31, 2030, is one of six new collective agreements ratified at Air Canada this year, following earlier ratifications by finance and clerical employees also represented by IAM, as well as customer service and dispatch employees represented by Unifor. President and CEO Michael Rousseau stated that the deal recognizes the expertise and contributions of these employees and positions the company to advance its strategic plan. With this ratification, new collective agreements are now in force with all of Air Canada's major unions after the expiration of previous long-term agreements.
GlobeNewswire·35dRead more ▾
0SE9.LSE

Air Canada's Aeroplan and World of Hyatt launch loyalty partnership

Air Canada's Aeroplan and World of Hyatt have announced a partnership allowing members to earn, convert, and redeem points across both programs when they link their accounts. Aeroplan members can now redeem points for free nights at eligible Hyatt hotels, starting at 25,000 Aeroplan points for Category 1–4 hotels, while World of Hyatt members can exchange points for a 30,000-point Aeroplan flight reward certificate. Aeroplan Elite status members and eligible premium credit cardholders gain access to a 90-day challenge to fast-track World of Hyatt status, with Globalist status achievable after 20 nights, and premium cardholders receive complimentary Discoverist status plus five annual elite night credits. Members can also convert points between programs, with World of Hyatt points converting to Aeroplan at a 2:1 ratio starting at 5,000 points, and Aeroplan Elite members able to convert Aeroplan points to World of Hyatt bonus points at a 2:1 ratio with a 500-point minimum. The collaboration spans a combined network of over 1,300 destinations and 1,500 hotels.
GlobeNewswire·42dRead more ▾
Defense & Geopolitical Fragmentationimpact 4

Canadian Market May Open With Negative Bias

Bay Street stocks may open with a negative bias Monday morning amid renewed inflation and interest rate fears as oil prices surge following U.S. strikes against Iran and Iran's retaliatory attacks on Gulf Arab states. Energy stocks could rise on higher oil prices, while materials stocks may struggle due to falling precious metals. Air Canada announced a new tentative collective agreement with the International Association of Machinists and Aerospace Workers effective April 1, 2026. On Friday, the S&P/TSX Composite Index gained 104.86 points to close at 35,305.31 after Canada's unemployment rate unexpectedly eased to 6.5% in June.
RTTNews·44dRead more ▾
0SE9.LSE2

Air Canada Names Scandinavian Airlines CEO as Next Chief Executive

Air Canada has named Scandinavian Airlines CEO Anko van der Werff as its next chief executive. He is expected to take up the post by the end of January 2027, succeeding Michael Rousseau, who announced his departure in March. Rousseau had faced criticism for not delivering a tribute in French after an aircraft incident. Air Canada said the selection process considered multiple criteria, including French language proficiency, and van der Werff emphasized the importance of communication by using French in a video message to employees. He led a restructuring at SAS and has previously served as CEO of Avianca and held senior roles at Aeromexico and Qatar Airways.
ロイター·49dRead more ▾