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The president of Air Canada cited tariffs and the value of the Canadian dollar as reasons for the drop in demand for U.S.
Despite beating analysts' estimates in the first quarter, Macy's cut its profit guidance for the fiscal year. The department store chain is now forecasting adjusted earnin ...
Air Canada’s latest quarter was impacted by a decline in U.S. bookings amid U.S. President Donald Trump’s policies but the airline’s outlook for the next three years remains robust, despite seeing ...
Roughly 74% of Air Canada's 2023 passenger revenue came from trips that began ... pay up for a more comfortable travel experience. Our outlook for North American airlines is quite rosy in the ...
Air Canada demonstrated resilience in Q1 2025, maintaining stable revenue despite challenges in the transborder ... The guidance reflects a cautious yet optimistic outlook, driven by network expansion ...
The new outlook is more in-line with what ... For the first quarter, Air Canada reported operating revenue of C$5.2 billion, down from the C$5.28 billion expected by analysts.
Traffic for those destinations tumbled 7%, as measured by revenue passenger miles, but that was partially offset by higher prices. US-Canada routes were 22% of Air Canada’s passenger revenue in 2024.
Traffic for those destinations tumbled 7%, as measured by revenue passenger miles, but that was partially offset by higher prices. US-Canada routes were 22% of Air Canada’s passenger revenue in ...
Air Canada also cites greater competition on the Indian subcontinent as impacting transatlantic revenue. “We anticipate market conditions will remain unsteady with an uncertain economic outlook ...
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