financetom
Business
financetom
/
Business
/
Air Canada And Dubai's Emirates Extend Strategic Partnership With "Major, Multi-Year" Expansion Agreement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Air Canada And Dubai's Emirates Extend Strategic Partnership With "Major, Multi-Year" Expansion Agreement
Nov 19, 2025 4:49 AM

07:27 AM EST, 11/19/2025 (MT Newswires) -- Air Canada ( ACDVF ) , the nation's biggest airline, and Dubai's Emirates announced Wednesday that they will expand and extend their strategic partnership, "building on the success" of a three-year-old agreement between two of the "world's leading airlines."

A statement noted that since launching their strategic partnership in 2022, the airlines have already served more than 550,000 customers, connecting travellers across 56 codeshare routes linking Canada, the U.S., Dubai and key destinations around the globe.

The carriers signed a memorandum of understanding to extend the reciprocal codeshare and loyalty partnership until Dec. 31, 2032.

The companies said that the extended agreement will "enhance the customer experience" through improved priority benefits for eligible passengers and operational coordination between both airlines, including ensuring "a seamless move" of operations to Dubai World Central - Al Maktoum International Airport (DWC), expected after 2032.

It was further stated that the collaboration will increase passenger choice and enable expanded cargo cooperation that will facilitate bi-directional cargo flow between the Americas, the Middle East, and Indian subcontinent.

A statement further noted that both airlines are also exploring a potential joint venture focused on cargo operations to support the efficient movement of commodities globally.

"Air Canada's ( ACDVF ) partnership with Emirates has been highly successful, and we are proud to renew it early, expanding its scope and extending its duration through 2032," said Mark Galardo, Executive Vice President & Chief Commercial Officer and President, Cargo at Air Canada ( ACDVF ). "This agreement strengthens our international strategy by supporting our daily, year-round service between Toronto and Dubai and providing customers and shippers seamless connections to destinations across the Indian subcontinent, the Middle East and Southeast Asia."

"Since establishing our codeshare partnership in 2022, we have witnessed consistent trade expansion between the UAE and Canada," said Adnan Kazim, Deputy President and Chief Commercial Officer at Emirates. "Through enhanced cargo cooperation, we remain committed to facilitating commerce and contributing to the continued prosperity of both economies. We believe this partnership will serve as a catalyst for strengthening our footprint in Canada and unlocking new opportunities for growth."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Beta Bionics targets $695 mln valuation in upsized US IPO
Beta Bionics targets $695 mln valuation in upsized US IPO
Jan 28, 2025
Jan 28 (Reuters) - Beta Bionics is targeting a valuation of up to $695 million in an upsized initial public offering, the insulin delivery device maker said on Tuesday. The company will aim to raise up to $170 million through a sale of 10 million shares priced between $16 and $17 each. It was earlier targeting proceeds of $120 million....
Rockwell Automation Signs 3-Year Contract With Cybeats Technologies
Rockwell Automation Signs 3-Year Contract With Cybeats Technologies
Jan 28, 2025
10:16 AM EST, 01/28/2025 (MT Newswires) -- Rockwell Automation ( ROK ) signed a three-year agreement with Cybeats Technologies, Cybeats said Tuesday. Rockwell Chief Product Security Officer Tony Baker said Rockwell's product security team will use Cybeats SBOM Studio for the company's SBOM management needs, according to the statement. Financial terms and other details of the contract were not disclosed....
SoundHound AI Stock Is Trading Lower Tuesday: What's Going On?
SoundHound AI Stock Is Trading Lower Tuesday: What's Going On?
Jan 28, 2025
SoundHound AI Inc ( SOUN ) shares are trading lower Tuesday after the company filed for a mixed shelf offering of up to $500 million. What To Know: SoundHound AI ( SOUN ) on Monday filed for a prospectus to implement a shelf registration process. The company also filed a sales agreement prospectus for a $250 million at-the-market offering program under the...
QXO Says Beacon Stockholder Rights Plan Aimed at Blocking Acquisition Offer
QXO Says Beacon Stockholder Rights Plan Aimed at Blocking Acquisition Offer
Jan 28, 2025
10:16 AM EST, 01/28/2025 (MT Newswires) -- QXO (QXO) said Tuesday that Beacon Roofing Supply's ( BECN ) adoption of a stockholder rights plan is a poison pill intended to block QXO's acquisition offer of $124.25 a share. Beacon said Tuesday its board approved a stockholder rights agreement designed to prevent any party from seizing control without offering a fair...
Copyright 2023-2026 - www.financetom.com All Rights Reserved