Air Canada News Stories
May 23, 2013
Lufthansa, United, Continental and Air Canada have won approval from EU antitrust regulators for their transatlantic tie-up after agreeing to give up airport slots in Frankfurt and New York.
May 10, 2013
Chorus Aviation shares sank 21 percent on Friday after the contract carrier cut its dividend in half due to an ongoing cost dispute with Air Canada.
April 25, 2013
Fast-growing United Arab Emirates carrier Etihad Airways said it would partner with Air Canada in a new codeshare agreement, days after the two countries put aside disagreements and eased visa rules.
April 24, 2013
Air Canada plans to acquire five new Boeing 777-300ER aircraft with funds raised through offering two tranches of enhanced equipment trust certificates (EETCs) worth a total of USD$606.3 million.
April 22, 2013
Air Canada's operating loss increased by about 16 percent to an estimated CAD$106 million (USD$103 million) in the first quarter compared with a year earlier, largely because of weather-related flight cancellations and an impairment charge on Airbus A340-300 aircraft.
April 3, 2013
Air Canada said on Wednesday that passenger levels for March remained strong compared to the previous year.
March 13, 2013
Air Canada shares rose on Wednesday after it won a seven-year extension for the cap on special payments to erase its pension fund deficit.
March 12, 2013
Air Canada on Tuesday won an extension of the cap on its special payments to erase its pension fund deficit, but will have to make higher payments than it originally requested.
March 7, 2013
Air Canada, the country's biggest airline, said passenger levels for February rose slightly from a year earlier.
February 20, 2013
Lufthansa, United Airlines and Air Canada are set to win approval from the European Union's competition regulator for their transatlantic tie-up with their offer to give up airport slots, a person familiar with the matter said.
February 13, 2013
Shares of Air Canada's contract carrier Chorus Aviation dropped more than 19 percent on Wednesday after its largest shareholder, Fairfax Financial Holdings, sold all of its holding.
February 7, 2013
Helped by tighter cost controls and fuller flights, Air Canada's operations returned to profit in the fourth quarter, and the airline said it would launch premium economy services on overseas flights to try to woo more higher-paying passengers.