Reported 26 days ago
Air Canada forecasts its core profit for 2025 to surpass analysts' estimates, driven by strong international travel demand and business bookings recovery. The airline anticipates adjusted earnings between C$3.4 billion to C$3.8 billion, with significant growth in services to Asia and China. However, rising labor costs and maintenance expenses, alongside currency challenges due to the Canadian dollar's decline, pose risks to profit margins.
Source: YAHOO