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Despite demand, Air Canada cuts back Qld-Vancouver flights in 2025 "After significantly growing capacity on the route this year, Air Canada has decided to reduce services between Brisbane and Vancouver in 2025.Between February and October, Air Canada says it will “temporarily” lower its Brisbane-Vancouver flights from a daily service to five weekly flights “due to operational constraints”. Read more 👇 https://lnkd.in/g88pqEut

Have airlines over expanded for peak transatlantic demand this summer? Seats are up 9% y/y in the April-September period that coincides with most of the IATA summer season, according to Cirium Diio schedules. Airlines don't think so but there are signs of weakening. Average fare data from Hopper shows transatlantic fares are down 9% y/y, and some European airline executives report weaker-than-expected US sales. Still, the chorus from the dominant players is positive. “In the transatlantic, we are looking forward to another strong summer, with record revenues,” Delta Air Lines President Glen Hauenstein said in April. #airlines https://lnkd.in/eUeEZQhv

Air Canada reported an 18 percent increase in cargo revenue at C$253 million for the third quarter of 2024 compared to C$215 million in Q32023. "Air Canada reported solid results for the third quarter on key metrics with operating revenues of $6.1 billion and operating income of $1 billion," says Michael Rousseau, President and Chief Executive, Air Canada. "Adjusted EBITDA of $1.5 billion and our adjusted earnings per share of $2.57 were both ahead of market expectations. We delivered on our ongoing operational improvement programme with quarterly on-time performance rising eight percentage points over the same period in 2023. Air Canada Cargo, #AirCanada #AirCanadaCargo #cargorevenues #aircargo #aircraft 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/g-SEU-8z

With the entry of new flights from United Airlines and Air Canada, Philippine Airlines now faces new challenges to its dominance on flights between North America and its home turf. https://lnkd.in/gt8vJfFB

Air Canada is updating its check-in policy as of today (Sept. 4). The check-in cutoff time will now be 60 minutes across all sectors with the exception of YTZ and its Landline bus service from YHM and YKF. #aircanada #airlines #aviation #aviationdaily #airlineindustry #airports #canada #traveltrade #travelindustrynews #travelnews

Air Canada (TSX:AC) will institute changes to its Basic and Comfort fares in January to better align with other Canadian carriers. https://lnkd.in/get__cDK

The pilot supply problem in Canada is due to a shortage of fair wages and working conditions. Air Canada needs to invest in our pilot group because Canadians deserve a reliable, sustainable aviation network. #worldclasscontract #ALPA #aircanadapilots

@Dace Kavasa, I disagree that "technically" there is a higher supply... Excess in pilot supply is a fact, at least in Europe. When big carriers announce vacancies, they receive hundreds of candidacies. If there were a shortage of pilots, why crews would accept to work for incredibly low salaries, under bogus self-employment and with atypical contracts? If airlines had really a shortage, would they not offer to pay cadets for their type ratings? Airlines keep the number of employees short, for obvious cost considerations. Did they go too far in reducing aircrew costs? In many cases, yes. This causes problems, notably in the high season. Some airlines do not have enough crews to cope with higher demand, delays and other uncertainties. In those cases, airlines have created their own shortages. Some realise too late, and have difficulties in putting too many pilots on the line at the same time. This is not a pilot shortage, it is bad planning… Some continue to sell the idea of a pilot shortage to pursuit their own advantage. It is an interested alternative truth.

Canada Jetlines suspends its operations due to cash shortage Canada Jetlines has announced the « temporary » suspension of its operations as of August 15, 2024, with plans to file for creditor protection. This development highlights the ongoing challenges within the Canadian aviation industry , particularly for new market entrants. With the recent bankruptcy of Lynx Air it’s clear that the competitive landscape is proving difficult for emerging vs Air Canada Compared to the US landscape, Air Canada appears as a monopoly within Canada (network, access to financing, alliances, fleet, pricing, Air Transat acquisition) The turbulence faced by these airlines showcases funding shortage in case of turbulence. #Aviation #CanadaJetlines #AirlineIndustry #AviationNews #CanadianAviation #BusinessNews #bankruptcy #canada

Air Canada releases its first quarter 2024 financial results, soaring to greater heights with each step along the way. A big thank you to the customers who truly value and showed continued loyalty to our brand. A kudos to the amazing frontline staff and teams who go the extra effort in providing the best of what Canada has to offer! Highlights: ✈️ Total operating revenues of $5.2 billion increased 7% year over year ✈️ Operating income of $11 million and adjusted EBITDA* of $453 million ✈️ Double-digit on-time arrivals improvement from the first quarter of 2023 ✈️ Leverage ratio* of 0.9 as at March 31, 2024 #aircanada #aviation #airlines #ecx #customers #employees #otp #performance #teams #dedication