Air Canada reports $685M loss in third quarter amid COVID-19 pandemic

Air Canada reported a $685-million loss in its third quarter compared with a profit of $636 million in the same quarter last year as the number of people flying plunged … Read More

Coronavirus: Air Canada raises close to $500M by selling, leasing back Boeing 737 Max 8s

By Staff The Canadian Press Posted October 8, 2020 9:34 am Smaller font Descrease article font size –A Larger font Increase article font size A+ Air Canada has raised nearly … Read More

Air Canada promoting ‘leisure’ travel to U.S. despite advisories warning against non-essential trips

Air Canada is promoting the availability of both “leisure and business” flights to the United States even as that country continues to record explosive growth of coronavirus cases and as … Read More

Air Canada urges feds to ease coronavirus limits, calls for ‘science-based approach’

Air Canada is again urging the government to ease COVID-19 travel restrictions, this time by adopting a “science-based approach” that would open travel to countries with low risks of infection. … Read More

Air Canada raises $1.6B to offset losses as coronavirus lockdown slashes sales

Air Canada has raised $1.59 billion from share and debt offerings intended to offset some of the carrier’s losses from the coronavirus pandemic. The company said Tuesday it sold 35.4 … Read More

Canadian airlines suspend most international flights until May 31 due to coronavirus

Air Canada is suspending most international flights until June, while Air Transat and Sunwing Airlines Ltd. are cancelling all trips until May 31 due to the COVID-19 pandemic. The decision … Read More

Air Canada to apply for wage subsidy program to keep workers on payroll amid COVID-19 pandemic

Senior executives will also forgo between 25 and 50 per cent of their salaries while members of Air Canada’s board have agreed to a 25 per cent reduction. All other Air Canada managers will have their salaries reduced 10 per cent for the second quarter.

Air Canada to suspend most U.S., international flights amid coronavirus pandemic

Posted March 18, 2020 9:21 pm Updated March 18, 2020 9:22 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Air Canada says it … Read More