All Air Canada articles – Page 5

  • Spirit A319 Max KJ FG

    Airlines delaying setting schedules to ‘last minute’


    Market uncertainty means traditional network planning rules have disappeared in North American market

  • Air Canada chief executive Calin Rovinescu speaking at IATA in 2015

    Air Canada chief Rovinescu to retire in early 2021


    Long-standing Air Canada chief executive Calin Rovinescu is to retire in February and will be replaced by his deputy and chief financial officer Michael Rousseau.

  • Air Transat Manchester Airport

    Air Canada and Transat sharply discount takeover deal


    Air Canada and Transat AT, the parent company of Air Transat, have renegotiated the terms of their planned tie-up, sharply discounting the price per share. The move was prompted by the devastating impact of the coronavirus on the air transport industry. The two Montreal-based carriers stated on 10 ...

  • Air Canada Boeing 737 Max 8

    Air Canada 737 Max transactions garner $365 million


    Air Canada has sealed sale-and-leaseback transactions for three Boeing 737 Max 8 aircraft with Jackson Square Aviation and six Max 8 aircraft with Avolon for total proceeds of $365 million. Boeing delivered these nine Max aircraft to Air Canada during the past three years, the carrier stated ...

  • Cargo on an A320 C Lufthansa Cargo

    Can e-commerce deliver for airlines?


    Passenger traffic growth is likely to remain sluggish for some time, but freight remains a bright spot for airlines

  • Air_Canada_B777-200LR

    Air Canada reports second-quarter loss of C$1.8bn


    Air Canada posted a stunning C$1.8 billion ($1.5 billion) loss during the second quarter, as the coronavirus shut down almost all air travel in the country, and government-imposed restrictions kept passengers away.

  • Air Canada Boeing 787-9 landing

    Air Canada re-ups appeal to end quarantine requirements


    Air Canada has reiterated its call for the government of Canada to ease four-month-old coronavirus-prompted travel restrictions that have disrupted the country’s aviation industry and which continue to be a severe drag on air transport.

  • Air Canada_B787_2

    Air Canada chief executive blasts government for maintaining travel restrictions


    Air Canada’s chief executive Calin Rovinescu excoriated the government of Canada for maintaining draconian coronavirus-prompted travel restrictions across the country, hindering the air transport industry’s ability to return to any semblance of normal operations.

  • Air Canada_B787_2

    Air Canada raises additional C$1.23bn in cash


    Air Canada has raised additional liquidity to help keep itself afloat as the coronavirus pandemic drags on.

  • Air Transat new livery 111317-640px

    Transat-Air Canada merger pushed to fourth quarter


    Transat AT, the parent company of Canadian holiday specialist Air Transat, says its merger with legacy carrier Air Canada is still on track and now due to close sometime in the fourth quarter of 2020.

  • Air Canada_B787_2

    Air Canada looking to quit Transat deal: reports


    French-language media in Canada report that legacy carrier Air Canada is looking to exit its planned takeover of Transat AT, the parent company of Air Transat, as Canada’s biggest airline attempts to manage through the coronavirus crisis while preserving its liquidity.

  • AC-AT

    Air Canada-Transat tie-up faces European competition scrutiny


    Air Canada’s proposed acquisition of Transat AT, the parent of leisure carrier Air Transat, is to face scrutiny from European competition regulators. The European Commission is concerned that the tie-up could “significantly” reduce competition on 33 city-pairs between Canada and the 30 countries of the European Economic Area. ...

  • Air Canada A319

    Air Canada expects recovery to take three years


    Air Canada incurred a C$1.05 billion ($744 million) net loss in the first quarter of 2020, compared with a C$285 million net profit a year ago, and is warning that it will take “at least three years” for revenue and capacity levels to return to those seen in 2019.

  • Air Canada_A333

    Air Canada to halt all US flights on 27 April


    Air Canada will suspend all USA-Canada flights on 27 April, slashing its 11 remaining US routes due to an extension of travel restrictions between the nations.

  • Air Canada B787-9-Rockies

    Air Canada to apply for federal wage subsidies


    Air Canada is seeking newly available federal wage subsidies for 36,000 domestic employees, including roughly 16,500 workers who have already lost their jobs.

  • Christoph Mueller

    Why airline CEOs should think counter-intuitively during a crisis


    Airline chief executives need to act swiftly during the coronavirus crisis, but should also remember that counter-intuitive actions might lead to better outcomes – particularly when it comes to short-term hits to the balance sheet. Those were among the key messages heard during the FlightGlobal webinar Airline chiefs on ...

  • Delta A350
    In depth

    US carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom


    The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.

  • AC_B787-9-Wingflex

    Air Canada to cut 16,500 workers


    Air Canada says it is cutting 16,500 employees and slashing its network by up to 90% in April and May, confirming earlier reports in Canadian media.

  • Air Canada B787-9-Rockies

    Passenger sues five Canadian carriers


    Canadian airlines Air Canada, WestJet, Swoop, Air Transat and Sunwing have been accused of breach of contract in a class action lawsuit filed in the province of British Colombia for refusing to give passengers refunds to purchased tickets after the coronavirus severely impacted both domestic and international air travel.

  • A321LR-transat-c-Airbus-1-970

    Canada has ‘concerns’ about Air Canada-Transat merger


    The Competition Bureau of the government of Canada says it has “competition concerns” about the planned takeover of Transat by Air Canada.