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Update: Air Canada Down 3% as Swings to Profit in Q4
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Update: Air Canada Down 3% as Swings to Profit in Q4
Feb 14, 2025 9:26 AM

12:03 PM EST, 02/14/2025 (MT Newswires) -- (Updates shares.)

Air Canada ( ACDVF ) late on Thursday said it swung to a profit in the fourth quarter.

The airline reported its adjusted profit, excluding most one-time items, came in at $93 million, or $0.25 per share, compared with a loss of $44 million, or $0.12, in the year-prior quarter.

Operating revenue climbed to $5.4 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.

The company's shares were last seen down $0.56 to $17.66 on the Toronto Stock Exchange.

Price: 17.66, Change: -0.56, Percent Change: -3.07

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