Air Canada Expects Higher Operating Revenue For Full Year


Air Canada Expects Higher Operating Revenue For Full Year

(RTTNews) - Air Canada (AC.TO) Tuesday said it expects operating revenues of about C$22 billion for the full year, up from C$21.833 billion reported in the previous year.

On average, 16 analysts expect revenue of C$21.97 billion for the year. Analysts' estimates typically exclude special items.

Adjusted EBITDA, or adjusted earnings before interest, taxes, depreciation, and amortization is expected to be nearly C$3.5 billion compared with C$3.982 billion a year ago.

The company sees Available seat miles (ASM) to increase 5 percent year-on-year.

For 2028, Air Canada targets revenue of approximately C$30 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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