Air Canada Reports Mixed Q2 Financials Amid Expansion
Company Announcements

Air Canada Reports Mixed Q2 Financials Amid Expansion

Story Highlights

Air Canada (TSE:AC) has released an update.

Air Canada announced a slight increase in second quarter operating revenues to $5.5 billion, though its operating income and adjusted EBITDA saw a decrease from the previous year. Despite the financial dips, the airline experienced robust demand and improved on-time performance, while also expanding its fleet and network, including new services to international destinations.

For further insights into TSE:AC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAir Canada pilots represented by ALPA union vote to authorize strike
TheFlyAir Canada price target raised to C$22 from C$21 at Scotiabank
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!