01:42 PM EDT, 05/27/2025 (MT Newswires) -- BMO met with the senior management of Air Canada ( ACDVF ) and discussed the near-term outlook and progression towards medium-term targets.

"We come out from these discussions with reinforced confidence in our constructive investment thesis. Near-term bookings appear to be on solid footing," writes analyst Fadi Chamoun.

Air Canada ( ACDVF ) is delivering solid execution, and Chamoun believes that the medium-term growth framework should support structurally higher FCF and distribution to shareholders.

Air Canada ( ACDVF ) is rated Outperform, with a $29 target.

Price: 19.28, Change: +0.49, Percent Change: +2.61