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Air Canada (AC.TO)

AC.TO on Toronto Stock Exchange

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22 Mar 2019
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Fri, Mar 15 2019

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Air Canada, United Airlines say 737 MAX groundings to hurt business

Air Canada and United Airlines on Friday became the first major carriers in North America to warn of negative impacts on business due to the grounding of Boeing Co's 737 MAX planes.

UPDATE 5-Air Canada, United Airlines say 737 MAX groundings to hurt business

March 15 Air Canada and United Airlines on Friday became the first major carriers in North America to warn of negative impacts on business due to the grounding of Boeing Co's 737 MAX planes.

Air Canada suspends first quarter, 2019 forecast, citing Boeing Max groundings

March 15 Canada's biggest carrier Air Canada on Friday suspended its previous forecast for the first quarter and full year after Canada grounded Boeing Co's 737 MAX jets following a deadly crash in Ethiopia on Sunday.

Air Canada raises long-term profit margin goals

Air Canada increased its long-term targets for profit margins and free cash flow on Thursday, as the country's largest airline benefits from cost-cutting efforts and an expansion into new destinations.

UPDATE 1-Air Canada raises long-term profit margin goals

Feb 28 Air Canada increased its long-term targets for profit margins and free cash flow on Thursday, as the country's largest airline benefits from cost-cutting efforts and an expansion into new destinations.

Air Canada targets EBITDA margins of 19-22 pct

Feb 28 Air Canada on Thursday forecast margins on core earnings (EBITDA) of 19 percent to 22 percent for the next three years and for the same period said it expects cumulative free cash flow of C$4 billion ($3.04 billion) to C$4.5 billion.

Air Canada beats profit estimates, sees higher costs in 2019

Air Canada beat analysts' estimates for quarterly profit on Friday, helped by more high-paying passengers, but the carrier forecast higher costs for 2019.

UPDATE 3-Air Canada beats profit estimates, sees higher costs in 2019

Feb 15 Air Canada beat analysts' estimates for quarterly profit on Friday, helped by more high-paying passengers, but the carrier forecast higher costs for 2019.

Air Canada reports quarterly loss

Feb 15 Air Canada on Friday reported a quarterly loss compared with a year-ago profit, hurt by a surge in fuel costs.

Air Canada would study Airbus, Boeing for transatlantic narrowbody needs

MONTREAL Air Canada is interested in further developing the use of narrowbody aircraft to serve the transatlantic market and would look at both Airbus and Boeing models, a senior executive said.

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