Latest Air Canada News & Updates

See the latest news and media coverage for Air Canada. We track all announcements, press releases, and industry mentions in real time, all in one place.

Air Canada

Canadian flag carrier airline

aircanada.com

Headquarters: Saint Laurent in Montreal, Canada
Founded year: 1937
Company type: Public company
Number of employees: 24,000+
Industry: Airlines

Last updated October 29

Latest news about Air Canada

In short: Air Canada cut its 2026 profit outlook amid rising fuel costs and announced Q1 2027 capacity cuts

Company announcements

October 29 Air Canada

Air Canada reports record Q3 operating revenues of $6.98 billion

The airline achieved an adjusted EBITDA of $936 million and announced updated full-year guidance alongside a new share buyback program.

October 13 Air Canada

Air Canada to present Q3 2026 results

Executives host a conference call on October 29, 2026, at 5:30 p.m. ET to discuss financial performance and answer analyst questions.

September 25 Air Canada

Air Canada buys back 9.8% of shares for $800m

The offer was oversubscribed with 66.8 million deposits, triggering a proration factor affecting approximately 41% of valid tenders.

August 17 Air Canada

Air Canada finalizes $800 million share buyback terms

The modified Dutch auction bid targets up to 9.8% of shares between August and September 2026, funded by Aeroplan investment proceeds.

Media coverage

October 29 Bloomberg

Air Canada Reduces Profit Outlook Again on Jet Fuel Costs

Air Canada slashed its full-year guidance for the second quarter in a row as high jet fuel prices proved worse than the ...

October 29 The Star

Air Canada Reports Third Quarter 2026 Financial Results

Delivered record third-quarter operating revenues of $6.984 billionAchieved 14% year-over-year growth in total unit revenues in the third quarter of 2026Reported adjusted EBITDA of $936...

October 28 Les Affaires

The proposed agreement between Air Canada and United Airlines would harm competition

The Competition Bureau believes that a proposed agreement between Air Canada and United Airlines would reduce competition and lead to higher airfares...

August 12 Barron's

What Air Canada’s Loyalty Program Stake Sale Tells Us About Delta and United

The $1.8 billion price tag on a stake in Air Canada’s loyalty program suggests high valuations for t...

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