Air Canada today reported first quarter 2020 EBITDA (earnings before interest, taxes, depreciation and amortization) of $71 million compared to first quarter 2019 EBITDA of $583 million  The airline reported an operating loss of $433 million compared to operating income of $127 million in the firs...

Air Canada said today that due to the unprecedented impact of Covid-19 upon its business, the airline will reduce capacity for the Second Quarter of 2020 by 85%-90% compared to last year's Q2 and will place 15,200 members of its unionized workforce on Off Duty Status and furlough about 1,300 manage...

Air Canada said today that it will gradually suspend the majority of its international and U.S. transborder flights by March 31, 2020 in response to decisions by national governments, including Canada and the United States, to close borders and restrict commercial aviation as a result of the COVID-...

Air Canada and Cirque du Soleil announced today an exclusive partnership designating Air Canada as Official Airline for Big Top and Arena shows for Canada, the U.S., Europe, and select countries around the world. As the most recent major international marketing sponsorship for the airline, the mul...

Air Canada unveiled the newest member of its fleet, the Airbus A220-300, before employees and special guests at the airline's Montreal headquarters. Built in Mirabel, Quebec, the Bombardier-designed aircraft continues Air Canada's fleet modernization. "This is an historic moment for Air Canada ...

JA Canada and the Canadian Business Hall of Fame announced on Dec. 17 that Air Canada President and Chief Executive Officer Calin Rovinescu will be inducted as a Companion into the 2020 Canadian Business Hall of Fame. "Calin's exceptional business and leadership achievements have been widely re...

Air Canada has reported a rise in profits in the second quarter (Q2) despite the negative impact of the grounding of its Boeing 737 Max fleet which it is to keep on the tarmac until January. The airline also revealed it will be removing the 24 Boeing 737 Max from its schedule until at least 8 Ja...