Welcome to our dedicated page for Air Canada news (Ticker: ACDVF), a resource for investors and traders seeking the latest updates and insights on Air Canada stock.
News for Air Canada Inc. (ACDVF) focuses on the company’s financial performance, strategic plans and operational developments as a major participant in the Scheduled Passenger Air Transportation industry. As Canada’s largest airline and the country’s flag carrier, Air Canada regularly publishes detailed quarterly and annual financial results, including operating revenues, operating income, adjusted EBITDA, adjusted CASM, free cash flow and leverage ratio, along with capacity metrics such as available seat miles (ASMs).
Investors and observers following Air Canada news will see recurring updates on guidance for metrics like ASM capacity growth, adjusted CASM and adjusted EBITDA, as well as long-term financial targets and aspirations. The company has outlined multi‑year targets for operating revenues, adjusted EBITDA margin, free cash flow margin, net cash flows from operating activities as a percentage of adjusted EBITDA, additions to property, equipment and intangible assets as a percentage of operating revenues, and return on invested capital. These communications often include explanations of non‑GAAP financial measures and how management uses them to assess performance.
Air Canada news also covers topics such as capital allocation decisions, including references to debt reduction, changes in net debt, leverage ratio trends and share repurchase programs conducted through a normal course issuer bid or a substantial issuer bid. Operational updates can include commentary on network capacity, on‑time performance, customer volumes and the performance of business components such as Air Canada Cargo, Air Canada Vacations and the Aeroplan loyalty program.
Additional items in the news flow may address investor events, such as Investor Day presentations or conference appearances, and information about customer experience initiatives, including lounge openings and enhancements. Readers interested in ACDVF can use this news stream to monitor how Air Canada communicates its financial results, strategic priorities and operational progress over time.
Air Canada (ACDVF) reported its Q2 2025 financial results with operating revenues of $5.632 billion, up 2% year-over-year. The company achieved an operating income of $418 million with a 7.4% operating margin and adjusted EBITDA of $909 million with a 16.1% margin.
Key highlights include a 5% increase in premium revenues, strong operational performance leading North American carriers in on-time performance, and completion of a $500 million substantial issuer bid. The company generated $895 million in operating cash flow and $183 million in free cash flow.
Air Canada maintained its full-year 2025 guidance, projecting adjusted EBITDA of $3.2-3.6 billion and capacity growth of 1-3%. The company also reaffirmed its 2028 targets, including reaching approximately $30 billion in operating revenues and maintaining less than 300 million shares outstanding.
Air Canada (ACDVF) reported record operating revenues of $22.255 billion for full year 2024, up 2% year-over-year, with fourth quarter revenues of $5.404 billion, up 4%. The company achieved full year operating income of $1.263 billion and adjusted EBITDA of $3.586 billion, showing year-over-year decreases of $1.016 billion and $396 million respectively.
Notable developments include the completion of their share buyback program, cancelling all 35.7 million shares available under their normal course issuer bid, with over 20 million shares purchased in 2024. The company's leverage ratio increased to 1.4 from 1.1 at the end of 2023. For 2025, Air Canada maintains its guidance with projected adjusted EBITDA of $3.4-3.8 billion and capacity growth of 3-5% versus 2024.
Air Canada unveiled its long-term strategic plan at its 2024 Investor Day, setting ambitious 2028 targets including $30 billion in operating revenues and a minimum 17% adjusted EBITDA margin. The company reaffirmed its 2024 guidance and presented 2025 projections, including ASM capacity growth of 3-5% and adjusted EBITDA between $3.4-3.8 billion.
The airline's strategy focuses on network expansion, customer experience enhancement, and consistent margin expansion while maintaining strong balance sheet management. Key 2030 aspirations include exceeding $30 billion in operating revenues, achieving 18-20% adjusted EBITDA margin, and reducing fully diluted share count to below 300 million shares.
Air Canada reported third quarter 2024 financial results with operating revenues of $6.1 billion, a 4% decrease year-over-year. Operating income was $1.040 billion and adjusted EBITDA was $1.523 billion, decreasing $375 million and $307 million respectively compared to 2023. The company generated cash flows from operating activities of $737 million and free cash flow of $282 million, representing year-over-year increases of $329 million and $147 million. Air Canada announced a new share buyback program and updated its 2024 guidance, projecting approximately 5% capacity increase and adjusted EBITDA of about $3.5 billion.
Air Canada reported its second quarter 2024 financial results with operating revenues of $5.5 billion, marking a 2% year-over-year increase. The company generated an operating income of $466 million, a steep decline of $336 million from the previous year. Adjusted EBITDA stood at $914 million, down $306 million year-over-year.
Net income for Q2 2024 was $410 million, translating to $1.04 diluted earnings per share, compared to $838 million or $2.34 respectively in Q2 2023. Adjusted net income was $369 million or $0.98 per share. Operating expenses increased by $428 million to $5.053 billion. Despite these challenges, the company reported healthy demand and a 10-percentage-point improvement in on-time performance.
Air Canada also highlighted plans to increase ASM capacity by 4%-4.5% in Q3 2024 and 5.5%-6.5% for the full year. The company secured eight additional Boeing 737-8 aircraft to further diversify its network.
Air Canada reported total operating revenues of $5.2 billion in the first quarter of 2024, a 7% increase year over year. The airline achieved an operating income of $11 million and adjusted EBITDA of $453 million. Despite a net loss of $81 million, Air Canada remains confident in its ability to meet its 2024 guidance, with a strong balance sheet and free cash flow generation. The company plans to increase its ASM capacity by 7% for the second quarter of 2024.
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