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Air Canada raises core profit forecast on robust international demand
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Air Canada raises core profit forecast on robust international demand
Nov 4, 2024 11:54 AM

Nov 1 (Reuters) - Air Canada ( ACDVF ) raised its annual

core profit forecast on Friday, as the country's largest carrier

benefits from strong demand for international travel and a

rebound in business bookings.

The carrier now expects its 2024 adjusted earnings before

interest, taxes, depreciation and amortization of about C$3.5

billion ($2.51 billion), compared with its previous forecast of

C$3.1 billion to C$3.4 billion.

($1 = 1.3929 Canadian dollars)

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