Star Alliance welcomes Italy’s flag carrier, further enabling seamless journeysfor customers worldwide. ROME, March 31, 2026 (GLOBE NEWSWIRE) -- Star Alliance officially welcomed ITA Airways as its newest member, marking the completion of the Italian carrier’s integration into the world’s largest airline alliance. ITA Airways marked its entry into the Alliance during a ceremony held at the Piazza di Spagna Lounge, Rome Fiumicino Airport Terminal 3. The ceremony was presided over by ITA Airways Chief Execut ...

Comprehensive process is underway to identify next leader MONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Air Canada today announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026, after nearly two decades of strong and dedicated leadership that has reinforced Air Canada’s place as a leader in the airline industry domestically and globally. Mr. Rousseau will continue to lead the company and to serve on its Board until that time ...

Board of Directors offer their deepest condolences and sympathy to everyone affected by tragic accident involving AC8646 MONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- Air Canada’s Notice of 2026 annual meeting of shareholders and management proxy circular (the “circular”) is being published and filed today where required. “As we do every year, my fellow Board members and I look forward to reporting to shareholders about Air Canada’s achievements since we last gathered, and hearing from them about what’s on t ...

Core Points - Air Canada expresses condolences to the families of the Jazz Captain and First Officer who lost their lives in a tragic accident, highlighting the impact on employees and customers [1] - The company is fully cooperating with U.S. and Canadian authorities in the ongoing investigation [1] - Air Canada acknowledges the professionalism and resilience of its employees during this difficult time [2][4] Company Overview - Air Canada is the largest airline in Canada and serves as the country's flag carrier, being a founding member of the Star Alliance [4] - The airline operates scheduled services to over 180 airports across Canada, the U.S., and internationally on six continents [4] - Air Canada holds a Four-Star ranking from Skytrax and has a premier travel loyalty program, Aeroplan, with over 10 million members [4] - The company offers extensive travel options through Air Canada Vacations and operates a freight division, Air Canada Cargo, providing air freight services globally [4] - Air Canada aims for net-zero greenhouse gas emissions by 2050 as part of its climate-related ambitions [4]

Core Viewpoint - Air Canada is actively providing support to passengers and crew involved in the incident of Air Canada Express flight 8646, which occurred on March 22, 2026, with four individuals still hospitalized [1]. Group 1: Incident Response - The Air Canada Special Assistance Team is stationed in New York to assist passengers, crew, and their families following the incident [1]. - Air Canada's Maintenance teams are on-site in New York and will relocate the aircraft to a secured hangar once it is safe to do so [2]. - The process of reuniting passengers with their baggage and personal belongings will commence once the aircraft is in the hangar, although sorting and identifying items will take time [2]. Group 2: Investigation and Communication - Air Canada and Jazz Aviation are collaborating with the Transportation Safety Board of Canada and the National Transportation Safety Board in the investigation of the accident's cause [3]. - Family and friends seeking information about passengers on flight AC8646 can contact Air Canada at 1-800-961-7099 [3].

Core Points - Air Canada provided an update regarding the accident involving Air Canada Express flight AC8646, which occurred on March 22, 2026, at New York LaGuardia, carrying 72 passengers and four crew members [1] - The Captain and First Officer of the flight tragically lost their lives in the accident [2] - Air Canada expressed deep condolences to the families and friends of the deceased pilots and emphasized support for affected passengers and crew members [3] Passenger and Crew Status - Out of the 76 individuals on board, 39 were sent to hospitals with varying degrees of injuries, while 35 did not require immediate medical attention and were able to continue to their final destination [4] - Currently, six individuals remain hospitalized [4] Investigation and Support - Air Canada and Jazz Aviation are cooperating with the Transportation Safety Board of Canada and the National Transportation Safety Board in the investigation of the incident [5] - Family and friends seeking information about passengers on flight AC8646 can contact Air Canada at 1-800-961-7099 [5]

Arca Continental Drives Growth as It Celebrates Its 100th Anniversary Mar 24, 2026 4:19 PM Eastern Daylight Time Arca Continental Drives Growth as It Celebrates Its 100th Anniversary Share As Arca Continental celebrates its 100th anniversary, it will invest approximately Ps. 18.5 billion across its operations in 2026. MONTERREY, Mexico--(BUSINESS WIRE)--Arca Continental, S.A.B. de C.V. (BMV: AC) ("Arca Continental†or "the Company†), one of the most important Coca-Cola bottlers in the world, continues to a ...

London-bound Air India’s Boeing 787-8, flying from Bengaluru, was diverted to Jeddah on Monday after more than six hours in the air due to a technical issue.An airline spokesperson said the diversion was a precautionary measure and the aircraft is now undergoing thorough technical checks in line with standard safety procedures."Air India Flight AI133, operating from Bengaluru (BLR) to London Heathrow (LHR) on 23 March, made a precautionary en route diversion to Jeddah following a suspected technical issue. ...

Core Points - A Jazz Aviation Mitsubishi CRJ-900 was involved in an accident upon landing at New York LaGuardia on March 22, 2026, carrying approximately 72 passengers and four crew members [1] - The pilot and first officer were confirmed killed in the accident, with Air Canada expressing condolences to the Jazz community and families [2] - Emergency services are on site, and injured passengers are being transported to local hospitals, but the exact number of injuries or additional fatalities has not been confirmed [2] - Air Canada and Jazz Aviation are cooperating with the Transportation Safety Board of Canada and the National Transportation Safety Board in the investigation of the incident [3] Company and Industry Summary - The incident involved Air Canada Express flight AC8646, operated by Jazz Aviation LP, which originated from Montréal [1] - Air Canada and Jazz are committed to providing regular updates as more information becomes available regarding the accident [3] - Family and friends seeking information about passengers can contact Air Canada directly [4]

Core Viewpoint - Air Canada is experiencing significant challenges due to rising jet fuel prices and the ongoing Iran war, leading to a decline in stock price and operational headwinds [1][3][7]. Group 1: Stock Performance - Air Canada stock has dropped to $17.35, down approximately 20% from its highest point of $21.65 this year [1][7]. - The stock is trading at a crucial support level, with technical analysis indicating a potential further decline to a year-to-date low of $16.40 [10][11]. Group 2: Financial Metrics - Air Canada reported record operating revenue of $5.8 billion and an operating income of $918 million [5][6]. - The company's total revenue for the year reached $22.3 billion, with operating expenses at $21.4 billion, resulting in a net income of over $644 million [6]. Group 3: Market Conditions - Jet fuel prices have surged, with the average price reaching $175 per barrel, a 62% increase from the previous month, significantly impacting airline costs [4]. - The ongoing conflict in the Middle East has affected Air Canada's routes, particularly those to the region, contributing to operational challenges [5]. Group 4: Future Projections - Air Canada anticipates an adjusted EBITDA between $3.35 billion and $3.75 billion, with a projected revenue of $30 billion by 2030 [8]. - The company is perceived as overvalued compared to peers, with a forward price-to-earnings ratio of 11, higher than United Airlines (7.3), Delta (9.56), and American Airlines (6.3) [9].