New interline partnership unlocks convenient connections to Istanbul and Izmir Air Canada customers gain access to nine routes operated by Pegasus Airlines Both airlines intend to deepen the partnership with codeshare and loyalty agreements MONTRÉAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Air Canada and Pegasus Airlines announced today a new partnership that will give travellers more convenient access to Türkiye’s most in-demand destinations. Through a new interline agreement, Air Canada customers will be able ...

Core Insights - Air Canada is expanding its summer schedule to Mexico with an 18% increase in seat capacity compared to last summer, reflecting the strengthening ties between Canada and Mexico [1][11] - New year-round flights from Montréal to Guadalajara will be introduced, along with increased frequencies to popular destinations such as Cancún, Monterrey, Mexico City, and Puerto Vallarta [1][3] Company Expansion - The airline's new service between Montréal and Guadalajara will operate year-round, enhancing connectivity and supporting growing passenger and cargo demand [3][4] - Increased flight frequencies include 11 weekly flights from Montréal to Cancún (up from 7), 4 weekly flights from Toronto to Monterrey (up from 3), and 11 weekly flights from Vancouver to Mexico City (up from 7) [6][9] Economic Impact - The expansion is part of a broader strategy to facilitate tourism, trade, and connectivity, aligning with Canada's efforts to strengthen economic ties with Mexico [4][5] - Enhanced direct connections are expected to benefit Canadian businesses and entrepreneurs by making it easier to pursue opportunities in Mexico [6][7] Historical Context - Air Canada has been operating flights to Mexico since 1954, and currently offers 30 non-stop flights from eight Canadian cities to 11 destinations in Mexico during peak winter season [10][12] - The airline's operations include connections to Europe and Asia through its hubs in Montréal, Toronto, and Vancouver, further integrating Mexico into its global network [10][12]

Group 1: Metals Sector - Jefferies analysts raised price targets for gold and copper miners, indicating a bullish outlook on precious and base metals [2][9] - Newmont's target increased to $158 from $136 and Barrick Gold's target raised to $66 from $60 [2] - Mid-tier players like Alamos Gold and Endeavour Mining also saw target increases to $61 and C$112 respectively [2] Group 2: Travel Sector - Jefferies cut its price target for Expedia from $285 to $240, reflecting concerns over potential headwinds in the digital booking space [3][9] - The firm remains optimistic about the aviation recovery in North America, raising Air Canada's target to C$22 from C$18 [3] Group 3: Economic Data and Currency - Japan's Q4 2025 GDP growth was below analyst forecasts, leading to a dovish outlook for the Bank of Japan and pushing the EUR/JPY exchange rate above 181.50 [4][9] - Industrial Production remained flat at -0.1% month-over-month in December, but Capacity Utilization rebounded by 1.3% [5] Group 4: Corporate Developments - ByteDance is enhancing safeguards against unauthorized use of IP and likenesses in response to concerns over its Seedance 2.0 project [6][9] - Jefferies raised its target for Moderna to $37 from $30, indicating a stabilizing outlook for the biotech company [7] - TD Cowen analysts upgraded Magna International's price forecast from $58 to $75, signaling confidence in the automotive supplier's growth trajectory for 2026 [7]

杰富瑞将加拿大航空目标价从18加元上调至22加元。 来源：滚动播报 ...

Delivered record operating revenues of $5.8 billion in the fourth quarter of 2025, reaching $22.4 billion for the full yearOperating income of $918 million and adjusted EBITDA* of $3.1 billion in 2025Generated $3.7 billion in net cash flows from operations and $747 million in free cash flow* in 2025, deployed over $850 million in share buybacksImproved operational performance and customer sentiment scores year over year, recognized as the Best Airline in North America at the 2025 Skytrax World Airline Award ...

Core Viewpoint - Air Canada is advancing its fleet modernization program by acquiring eight Airbus A350-1000 aircraft, with an option to purchase eight more, aiming to enhance its long-haul capabilities and operational efficiency starting in 2030 [1][4][5]. Fleet Modernization - The order for eight A350-1000s complements Air Canada's existing fleet, which includes 14 Boeing 787-10 Dreamliners and 30 Airbus A321XLRs, as well as ongoing deliveries of the Airbus A220 [8]. - The A350-1000 is expected to deliver a fuel consumption reduction of up to 25% compared to previous generation aircraft, supporting both financial and environmental objectives [6][8]. - The aircraft will feature a new cabin design aimed at improving customer comfort, including advanced in-flight entertainment and connectivity options [7][9]. Strategic Importance - The acquisition is seen as a strategic investment to strengthen Air Canada's long-term cost efficiency and competitiveness across its global network [4][6]. - The A350-1000's advanced materials and engines are expected to enhance operational reliability and unlock new long-haul flying possibilities for customers [4][6].

Core Viewpoint - Air Canada has suspended its service to Cuba due to a shortage of aviation fuel, and will operate empty flights to return approximately 3,000 customers currently in Cuba back to Canada [1][2][4]. Group 1: Service Suspension and Customer Return - Effective February 9, 2026, Air Canada has suspended its flights to Cuba due to an ongoing aviation fuel shortage [1]. - The airline will operate empty flights to Cuba to pick up around 3,000 customers and return them to Canada [1][4]. - As of February 10, aviation fuel is projected to be unavailable at Cuban airports, prompting Air Canada to tanker in extra fuel for remaining flights [2]. Group 2: Customer Support and Refund Policies - Air Canada has introduced a flexible rebooking policy for customers traveling to Cuba and is now offering a refund policy for those affected by flight cancellations [5]. - Customers currently in Cuba who booked Air Canada Vacations packages can receive direct support from local representatives [6]. Group 3: Flight Schedule and Future Operations - Air Canada typically operates 16 weekly flights to four destinations in Cuba, but seasonal flights to Holguín and Santa Clara are canceled for the remainder of the season [7]. - Flights to Varadero and Cayo Coco are suspended with a tentative restart planned for May 1, pending review [7].

Core Viewpoint - The Air Canada Foundation has launched the Big Dreams Grant Program to support organizations that enhance the health and well-being of children and youth in Canada through sports and active recreation [1][4]. Grant Program Details - The program includes two grants of $100,000 each: the Healthy Futures Grant for sport-based programs promoting wellness and resilience among equity-deserving youth, and the Accessible Sports and Recreation Grant for initiatives enabling youth with disabilities to participate in physical activities [3]. - Applications for the grants are open until March 15, 2026, targeting Canadian charitable organizations that serve equity-deserving youth and children with disabilities [4]. Air Canada Foundation Overview - The Air Canada Foundation, established in 2012, focuses on the health and well-being of children and youth, providing financial and in-kind support to Canadian-registered charities [5]. - Core programs include the Hospital Transportation Program, which redistributes Aeroplan points to pediatric hospitals, and fundraising activities like the Every Bit Counts program [5].

Core Viewpoint - Air Canada will hold a conference call to present its fourth quarter and full year 2025 results on February 13, 2026, at 7:30 AM ET, with executives available for analysts' questions [1]. Group 1: Conference Call Details - The conference call will feature Michael Rousseau, John Di Bert, and Mark Galardo, who will discuss the financial results and answer questions from analysts [1]. - Following the analysts' session, John Di Bert and Pierre Houle will address inquiries from term loan B lenders and Air Canada bondholders [1]. - Media and the public can access the call on a listen-only basis via a webcast or telephone [2]. Group 2: Access Information - The conference call is scheduled for February 13, 2026, at 7:30 AM ET, with a dedicated webcast link provided for listeners [2]. - Participants can join by telephone using the provided numbers, and a conference ID is required for access [2]. - An online replay of the call will be available shortly after its conclusion [2].

Core Viewpoint - Air Canada is strategically expanding its winter network, introducing new routes and increasing service frequencies to enhance connectivity and meet growing demand, particularly in Latin America and Europe [1][3][4]. Group 1: New Route Additions - Air Canada will add Quito, Ecuador, to its network with three weekly flights from Montréal and one from Toronto starting in December 2026 [5][7]. - Year-round service to Manchester and Copenhagen will commence in October 2026, supported by a new Airbus A321 XLR base at Toronto-Pearson [7][8]. - New flights from Calgary to Cancun and Puerto Vallarta will launch in December 2026, operated by Boeing 737 MAX aircraft [9][13]. Group 2: Expanded Services to Latin America - The airline is expanding its schedule to Brazil, Peru, and Chile, with earlier starts and increased frequencies for flights to Rio and Lima, as well as new flights between Montreal and Santiago [6][15]. - Flights to Bogota will increase from three to four weekly services, enhancing connectivity to Colombia [6][15]. Group 3: Operational Details - The new Quito flights will be operated on a Boeing 787-8 Dreamliner, offering Signature Class, Premium Economy, and Economy cabins [5]. - The Toronto-Manchester and Toronto-Copenhagen routes will utilize the Airbus A321XLR, featuring lie-flat seats in Signature Class [8]. - The expanded winter season service includes earlier starts for routes to Rio and Lima, with flights resuming six weeks earlier than in the previous year [15].