Air Canada (TSE:AC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Air Canada announced a slight increase in second quarter operating revenues to $5.5 billion, though its operating income and adjusted EBITDA saw a decrease from the previous year. Despite the financial dips, the airline experienced robust demand and improved on-time performance, while also expanding its fleet and network, including new services to international destinations.
For further insights into TSE:AC stock, check out TipRanks’ Stock Analysis page.