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Air Canada

Air Canada suspends NYC route over jet fuel costs

Published 18 Apr, 2026 06:02am

MONTREAL: Air Canada said Friday it was suspending flights to New York’s John F. Kennedy International Airport from...

Air Canada CEO to retire after row over English-only condolence message

Published 31 Mar, 2026 05:24am

WASHINGTON: Air Canada said Monday that CEO Michael Rousseau will retire later this year, an announcement following...

New York airport: Pilot, co-pilot killed in runway collision

Published 24 Mar, 2026 03:00am

NEW YORK: A plane carrying dozens of people collided with a fire truck late Sunday on a runway at New York’s...

Air Canada Express jet hits ground vehicle, closing New York’s LaGuardia airport

Published 23 Mar, 2026 10:19am

The jet was operated by Jazz Aviation, Air Canada’s regional partner

Mexican drug lord killing sparks revenge attacks; cars and businesses set ablaze, highways blocked

Published 23 Feb, 2026 08:39am

In some towns tourists and residents were urged to stay indoors, while truckers were advised to take safe routes or return to their depots until the violence abated

US lifts Caribbean airspace curbs after attack on Venezuela

Published 04 Jan, 2026 10:37am

Key carriers United Airlines and Delta were readying to resume flights to the Caribbean by Sunday

Air Canada profit falls after strike-related cancellations, slow US travel demand

Published 05 Nov, 2025 12:09pm

Air Canada reported a lower third-quarter profit on Tuesday, as a labor disruption that forced the cancellation of...

Air Canada flight attendants end strike after reaching ‘tentative’ deal

Published 19 Aug, 2025 06:03pm

TORONTO: Air Canada flight attendants said Tuesday they had reached a “tentative” deal with the airline to end a...

Air Canada cabin crew strike enters day four as talks resume

Published 19 Aug, 2025 12:16pm

MONTREAL/TORONTO: Air Canada flight attendants extended their strike into a fourth day on Tuesday, although the...

Air Canada flight attendants continue strike

Updated 18 Aug, 2025 07:13am

MONTREAL: Air Canada flight attendants remained on strike on Sunday past the deadline in a government-backed labor...

Air Canada to resume flights after govt directive ends strike

Published 17 Aug, 2025 05:40pm

TORONTO: Air Canada said it will resume flying on Sunday after the country’s industrial relations board ordered an...

Air Canada set to shut down over flight attendants strike

Published 16 Aug, 2025 07:53pm

TORONTO: Air Canada’s flight attendants were poised to strike on Saturday as the carrier cancelled hundreds of...

Air Canada flight attendants to picket at four Canadian airports

Published 11 Aug, 2025 05:49am

TORONTO: Air Canada flight attendants plan to picket at four airports on Monday to highlight their pay demands in...

Air Canada to increase China flights as Canada lifts restrictions

Published 30 Oct, 2024 10:18am

HONG KONG: Air Canada will increase direct flights between China and Canada from December, the news arm of China’s...

Air Canada reaches agreement with pilot union, averting strike

Published 15 Sep, 2024 10:00am

Air Canada said early on Sunday it had reached a tentative agreement with its pilot union over a new four-year...

Air Canada to buy 18 Boeing 787 jets

Published 25 Sep, 2023 06:48pm

Air Canada said on Monday it had signed an agreement with Boeing to buy 18 widebody 787 Dreamliner jets, as the...

Air Canada plans major flight cancellations this summer

Published 30 Jun, 2022 11:37am

MONTREAL: Air Canada, the nation’s largest carrier, announced Wednesday major flight cuts for this summer amid high...

Air Canada to pay $4.5mn settlement to Washington over refund delays

Published 23 Nov, 2021 09:46am

NEW YORK: Air Canada has agreed to pay a $4.5 million settlement with the US government over delays in reimbursing...

Air Canada reports a wider loss as COVID-19 restrictions limit travel

Published 07 May, 2021 08:08pm

Once that happens, they said travel patterns should be similar to those in the United States, where a fast vaccine rollout and falling numbers of COVID-19 cases have driven a surge in travel demand.
Canada's largest carrier reported a loss of C$1.30 billion, compared with C$1.05 billion. Its shares rose 1.3% in early trading.

Canadian tour operator Transat secures C$700mn in government funding

Published 29 Apr, 2021 06:32pm

The news comes barely a day after Reuters reported that Transat was close to reaching a financial aid deal with the federal government involving a loan.
Transat said it would use C$390 million to support the company's liquidity needs until its business has recovered enough to generate cash and the rest to reimburse travelers.

Air Canada shares fall after government takes equity stake

Updated 14 Apr, 2021 12:02am

The deal gives Ottawa a roughly 6pc stake in Canada's largest carrier at a discount of 14pc, which prompted several analysts to cut their price targets.

Analysts cut Air Canada's PT after government agrees on equity stake

Published 13 Apr, 2021 07:02pm

"Our target price declines due to the negative impact of greater short-term cash-burn and the impact of the dilution from the share and warrant issue on the price to equity component of our target," James added.
The Canadian government on Monday agreed to buy C$500 million worth of shares in the airline at C$23.1793 each.

Ottawa, Air Canada reach Can$5.9bn aid agreement

Updated 13 Apr, 2021 04:33pm

Air Canada has suffered a Can$4.6 billion loss, marked by a 73 percent drop in passenger numbers due to Covid-19.

Air Canada, Transat call off merger deal

Updated 04 Apr, 2021 09:54am

TORONTO: Air Canada has called off its planned takeover of tour operator Transat over EU regulatory hurdles, they...

Air Canada and Transat terminate planned deal after EU advises against it

Published 02 Apr, 2021 09:44pm

Air Canada said that following the recent discussions with the European Commission (EC), it has become evident, however, that the EC will not approve the acquisition based on the offered remedy package.
Air Canada in February refused to extend the deadline for its C$188.7 million ($150.19 million) deal for Transat, after European regulators failed to give the go-ahead for the buyout.

Air Canada posts biggest annual loss in nearly two decades as virus hits bookings

Published 12 Feb, 2021 06:35pm

Airlines have been among the hardest hit by the coronavirus crisis that has led people to avoid air travel.
Air Canada, which was forced to cut more than 20,000 jobs in 2020, has been negotiating with the Liberal government since November for aid to support jobs.

Canada to lift Boeing 737 MAX flight ban on January 20

Published 19 Jan, 2021 12:27am

Canada said in December it expected to rescind its flight ban on the Boeing 737 MAX in January after approving design changes to the aircraft, which was grounded in March 2019.

Air Canada to reduce 1,700 employees as COVID-19 restrictions, lockdowns bite

Published 14 Jan, 2021 12:00am

The Canadian government is "disappointed by airlines' decisions to cancel more regional routes," a spokeswoman said by email.

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Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
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Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
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Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
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P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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