After a volatile stretch, Air Canada shares are climbing again. But with the stock still trading well below what some models suggest it’s worth, investors are asking whether this is a genuine opportunity or just a temporary bounce.
The airline reported a 61% jump in adjusted EBITDA, but rising fuel costs and Asia-Pacific regulatory pressures tempered the outlook.
Air Canada has taken delivery of its first Airbus A321XLR, a key piece in a 30-plane fleet overhaul that brings lie-flat Signature Class seats to single-aisle routes. The move makes it the only Canadian carrier offering such premium seating on narrow-body jets, but investors are weighing the upside of higher unit revenue against the risk of mounting debt and capital spending.
Michael Rousseau announces departure after facing intense criticism for delivering remarks primarily in English after a fatal crash, sparking a national debate on linguistic representation and corporate leadership.
Air Canada CEO Michael Rousseau announces his retirement after a video statement addressing a fatal runway collision, delivered primarily in English, sparked a political firestorm in French-speaking Quebec and intensified scrutiny of the airline's leadership.
Air Canada announced CEO Michael Rousseau will retire this year after facing intense criticism for issuing condolences solely in English following a fatal crash in New York, reigniting debates over bilingualism and corporate accountability in Canada.
Solange Tremblay, an Air Canada flight attendant thrown from the aircraft in last week's deadly LaGuardia crash, faces a long road to recovery with severe leg and spinal injuries, her daughter reveals in a fundraising appeal that has drawn widespread support.
Canada's Foreign Minister Anita Anand has called on all national leaders, including corporate executives, to be proficient in both English and French. The statement follows criticism of Air Canada CEO Michael Rousseau for issuing a unilingual English condolence message after a fatal airport collision that claimed the lives of two pilots, one from Quebec.
Investigators have retrieved the flight recorder from the Air Canada Express jet that collided with an emergency vehicle at New York's LaGuardia Airport. Early data indicates the firetruck was instructed to halt twice before the fatal impact.
Following the fatal collision between an Air Canada Express flight and an airport firetruck at New York's LaGuardia Airport, six individuals remain hospitalized. The crash, which claimed the lives of two pilots, is under investigation by the NTSB as survivors recount harrowing experiences and praise the crew's actions.
As the NTSB begins its painstaking investigation into the deadly collision between an Air Canada jet and a firetruck at New York's LaGuardia Airport, critical questions emerge about runway procedures, controller workload, and systemic safeguards. The probe, expected to last over a year, will scrutinize communication logs, staffing protocols, and why multiple layers of defense failed to prevent the tragedy.
A viral social media post falsely claimed the pilots involved in the fatal Air Canada ground collision at LaGuardia Airport were female. Authorities have confirmed both pilots were men, as the industry grapples with misinformation in the wake of the tragedy.
Investigators disclose that air traffic controllers issued two urgent stop warnings to a firetruck seconds before it was struck by a landing Air Canada flight at LaGuardia Airport, as questions mount over communication and safety systems.
U.S. investigators are urging against prematurely blaming air traffic controller distraction for the fatal runway collision at New York's LaGuardia Airport, emphasizing that aviation safety relies on multiple layers of defense that must fail simultaneously for such an accident to occur.
Passengers describe chaos and heroism after a Bombardier CRJ-900 operated for Air Canada struck an authorized emergency vehicle on the runway, killing two pilots and injuring dozens. Eyewitness accounts reveal a desperate scramble for survival and praise for the crew's last-second actions.
A flight attendant survived being ejected, still strapped in her crew seat, when an Air Canada Jazz flight struck a fire truck on landing at New York's LaGuardia Airport. The crash killed both pilots and injured dozens, raising urgent questions about ground coordination.
A late-night Air Canada Express landing ended in tragedy when it struck an emergency vehicle on the runway, killing both pilots and injuring dozens. The incident, under investigation by U.S. and Canadian authorities, has halted operations at the major New York hub and intensified scrutiny on air traffic control and airport safety protocols amid broader industry pressures.
A harrowing Air Canada Express landing at New York's LaGuardia Airport ended in a fatal collision with a fire truck, with survivors crediting the pilots' quick actions for saving lives as investigations into the runway incursion begin.
Aviation specialists point to a cascade of pressures—from an unfolding emergency to a looming curfew—that may have contributed to the fatal crash between an Air Canada jet and a firetruck.
Disturbing security footage obtained by The Wall Street Journal captures the moment an Air Canada Express flight struck a firetruck on the runway at New York's LaGuardia Airport late Sunday, resulting in the deaths of both pilots and sending dozens to the hospital.
