Air Canada has announced its fourth-quarter and full-year financial results for 2024, reporting record operating revenues despite a decline in earnings. For Q4 2024, the airline achieved $5.404 billion in operating revenues, a 4% year-over-year increase. Full-year 2024 revenues reached $22.255 bi...

Air Canada CEO Michael Rousseau has been elected as the new chairperson of the Star Alliance chief executive board (CEB).  He succeeds United boss Scott Kirby, who had held the position since December 2020. Rousseau said: “I am looking forward to working with the board over the next two yea...

Air Canada today said that it welcomes the result of a vote by its more than 5,200 pilots, represented by the Air Line Pilots Association, approving a new collective agreement between the company and the association. Michael Rousseau, president and chief executive of Air Canada said: "We are very...

Air Canada today said that it is finalizing contingency plans to suspend most of its operations. Talks between the company and the Air Line Pilots Association (ALPA), representing more than 5,200 pilots at Air Canada and Air Canada Rouge, continue, but the parties remain far apart. Unless an a...

Air Canada has renewed its partnership as the Official Airline of Team Canada. The new agreement extends through the 2030 Olympic and Paralympic Winter Games and includes Paris 2024. Adding to the excitement, Air Canada also unveiled at an event in Toronto a Boeing 777 with a special livery to...

Air Canada today reported its fourth quarter and full year 2023 financial results. Michael Rousseau, President and Chief Executive Officer of Air Canada said: "Air Canada produced very strong results for the fourth quarter and full year 2023, delivering on its key financial goals and strategic pr...

Swedish hybrid-electric airplane maker Heart Aerospace today announced it raised a total of $107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel. The new round brings the total financing raised by Heart Aerospace since its inceptio...

Air Canada today reported its first quarter 2023 financial results. "Air Canada's impressive first quarter performance reflects the strength of our brand, the very strong demand environment across all markets and the effective execution of our strategic plan," said Michael Rousseau, President ...

Air Canada today reported its fourth quarter and full year 2022 financial results. "We are pleased with our fourth quarter and full year 2022 financial results," said Michael Rousseau, President and Chief Executive Officer of Air Canada. "We reported record fourth quarter passenger and operat...

Air Canada today announced the retirement of Lucie Guillemette, Executive Vice President and Chief Commercial Officer. Ms. Guillemette, who is responsible for the airline's commercial strategies, will retire at the end of April 2023, ending a highly successful career touching five decades at C...

Air Canada and Emirates today announced the launch of their codeshare cooperation. The new partnership will allow customers of the carriers to enjoy seamless connectivity to 46 markets spanning three continents, including to destinations across the Americas, the Middle East, Africa, Southeast ...

Swedish electric airplane maker Heart Aerospace today unveiled significant design updates to its first electric aircraft and confirmed Air Canada, one of North America’s largest airlines and Saab, the Swedish aerospace and defense company, as new minority shareholders. The new airplane design, ...

Air Canada and Emirates today announced the signing of a strategic partnership agreement that will create more options for customers when travelling on the carriers' networks while also enhancing the customer experience throughout the journey. Air Canada and Emirates intend to establish a cod...

Air Canada has confirmed an order with Airbus for six A321XLR aircraft, previously listed as undisclosed in the Airbus order book. With this commitment Air Canada’s A321XLR fleet will comprise 26 aircraft including 20 additional A321XLRs the carrier is acquiring through lessors. “Air Canad...