Air Canada

“Air Canada’s fuel costs totalled just over $1.7 billion in the three months leading up to June 30, 2026, up from nearly $1.15 billion a year earlier.”

“Air Canada also reported its operating revenue topped $6.266 billion, up from $5.632 billion a year earlier.”

“Air Canada expects it will make adjusted earnings before taxes and other costs of between $2.9 and $3.2 billion for the full year, down from the last forecast of $3.35 billion to $3.75 billion.”

“Air Canada also announced it’s selling a 25 per cent investment stake in its Aeroplan loyalty program to Blackstone and La Caisse for $2.5 billion.”

“Air Canada says fuel costs spiked 49% from last year.”