Khadija Saeed

Air Canada posted a C$296 million profit for the quarter, snapping back into the black and leaning on international and premium travel. The airline now sees 2026 core profit landing just above what Wall Street had penciled in, though management noted some softness on select U.S.-Canada routes. For this year, Air Canada put its adjusted EBITDA between C$3.35 billion and C$3.75 billion. That’s a range bracketing analyst expectations, which average roughly C$3.5 billion. Capacity growth is pegged at 3.5% to 5.5%.