Air Canada said on Tuesday it was targeting a 36% jump in its 2028 operating revenue from the current year, riding a wave of strong demand for leisure travel across domestic and international routes.
Airlines worldwide are optimistic about the future of air travel, driven by a post-pandemic surge as travelers shift their priorities from goods to experiences.
Air Canada also forecast its 2025 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in the range of C$3.4 billion ($2.38 billion) to C$3.8 billion, compared with analysts’ estimates of C$3.63 billion according to data compiled by LSEG.
«Our strategy, which builds on and leverages the unique strengths developed over the last decade, is to rise even higher with consistent margin expansion and structural cash generation while maintaining a strong balance sheet and a responsible risk profile,» CEO Michael Rousseau said…
