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Air Canada Reduces Profit Outlook Again on Jet Fuel Costs

Bloomberg Markets Thursday 29 October 2026, 21:03 UTC By Thomas Seal 1 min read
Key Points

Air Canada Reduces Profit Outlook Again on Jet Fuel Costs Air Canada slashed its full-year guidance for the second quarter in a row as high jet fuel prices proved worse than the country’s biggest airline expected. The Montreal-based carrier said it now anticipates adjusted earnings before interest, tax, depreciation and amortization to land between C$2.4 billion ($1.7 billion) and C$2.7 billion for the year.

Air Canada Reduces Profit Outlook Again on Jet Fuel Costs Air Canada slashed its full-year guidance for the second quarter in a row as high jet fuel prices proved worse than the country’s biggest airline expected. The Montreal-based carrier said it now anticipates adjusted earnings before interest, tax, depreciation and amortization to land between C$2.4 billion ($1.7 billion) and C$2.7 billion for the year.
Air Canada Reduces Profit Outlook (ORG) Air Canada (ORG) Montreal (LOCATION)
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