05:55 AM EST, 02/14/2025 (MT Newswires) -- Air Canada ( ACDVF ) late on Thursday said it swung to a profit in the fourth quarter.

Adjusted net income came in at $93 million, or $0.25 per share, compared with a loss of $44 million, or a loss of $0.12 per share.

Adjusted EBITDA rose to $696 million from $521 million. Operating revenue climbed to $5.40 billion from $5.18 billion.

Air Canada ( ACDVF ) maintained its guidance for the full year 2025, forecasting adjusted EBITDA of $3.4 billion to $3.8 billion.