Air Canada expects strong fall travel, faces cost pressures-November 2024-www.financetom.com

Air Canada expects strong fall travel, faces cost pressures

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Air Canada expects strong fall travel, faces cost pressures

Aug 12, 2026 6:23 AM

MONTREAL, Aug 12 (Reuters) - Air Canada ( ACDVF ) said on Wednesday it

is expecting one of its strongest fall seasons, helped by demand

from corporate travellers, despite ongoing cost pressures that

led the carrier to set its latest annual core profit target

below analysts' expectations.

On Tuesday, Canada's largest carrier restored its annual

core profit target but at a lower level than its previously

suspended outlook due to volatility from the U.S.-Israeli war

against Iran.

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