MONTREAL, Feb 14 (Reuters) - Air Canada ( ACDVF ) sees
encouraging booking trends and yield signals for the second and
third quarters of 2025, after reporting core profit for the year
above analysts' estimates on sustained passenger travel demand,
an executive said on Friday.
Airlines with international routes are capitalizing on the
growing demand for global travel, as consumers place greater
emphasis on experiences rather than material goods.
"We're seeing the revenue environment experienced in Q4 2024
is continuing into 2025," Mark Galardo, executive vice
president, revenue & network planning, told analysts.
On Thursday night, Canada's largest carrier forecast 2025 core
profit above analysts' estimates, helped by a rebound in
business bookings and strong passenger demand for international
travel.
The airline expects its 2025 adjusted earnings before
interest, taxes, depreciation and amortization in the range of
C$3.4 billion ($2.39 billion) to C$3.8 billion, compared with
analysts' average estimates of C$3.5 billion.
Galardo said it was too early to discuss the impact of
possible U.S. tariffs on metals imported from other countries
and the prospect of retaliatory duties.