Air Canada reports record Q1 operating revenues, suspends full-year 2026 financial guidance citing jet fuel pricing volatility
Air Canada says that “given the volatility and uncertainty in relation to jet fuel prices for the second half of the year, Air Canada has suspended its full‑year 2026 financial guidance.” The airline delivered that news as it reported...
Tags: Air Canada, Michael Rousseau
Michael Rousseau retiring as Air Canada’s President and CEO
Air Canada’s Board of Directors has announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026, after nearly two decades of strong and dedicated leadership that has reinforced Air...
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Statement from Michael Rousseau, President and Chief Executive Officer of Air Canada
In a statement, Air Canada’s President and Chief Executive Officer, Michael Rousseau said: “I want to reiterate my deepest condolences to the families of the Jazz Captain and First Officer who tragically lost their lives, and recognize...
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Air Canada provides an update on Air Canada Express Flight AC8646
Air Canada provided a further update on the accident involving an Air Canada Express Mitsubishi CRJ900 upon landing at New York LaGuardia on March 22, 2026 around 11:30 p.m. The company said that Flight AC8646, operated by Air Canada Express...
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Air Canada reports 2025 third quarter results
Air Canada has reported its third quarter 2025 financial results, with highlights including: Operating revenues of $5.774 billion, a decline of 5% versus last year Operating income of $284 million with operating margin of 4.9% and...
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Deal is Done: Air Canada, Flight Attendants hammer out tentative agreement
Air Canada said it will gradually be restarting its operations today after reaching a mediated agreement with the Canadian Union of Public Employees (CUPE) through a process overseen by a mutually agreed-to mediator, William Kaplan. Mediation...
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Air Canada reports second quarter 2025 financial results
Air Canada reported its second quarter 2025 financial results today with the airline’s President and CEO, Michael Rousseau observing that: “Air Canada’s second quarter 2025 results showcase the airline's many strengths in the face of a...
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“Effectively Managing Through A Turbulent Period” – AC Reports 2025 Q1 Results
In reporting Air Canada’s first quarter 2025 financial results, the company’s President and Chief Executive Officer, Michael Rousseau observed: “Our first quarter 2025 results show Air Canada is effectively managing through a turbulent...
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Air Canada takes flight at 2024 Investor Day event
Air Canada unveiled its long-term plan at its 2024 Investor Day earlier this week, setting 2028 targets of $30 billion operating revenues, at least 17% adjusted EBITDA margin and approximately 5% free cash flow margin by 2028. Michael Rousseau,...
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Air Canada reports “solid” third quarter 2024 financial results
Air Canada has reported its third quarter 2024 financial results with its President and Chief Executive, Michael Rousseau observing that: “Air Canada reported solid results for the third quarter on key metrics, with operating revenues...
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