Core Points - The Air Canada Foundation has announced new leadership changes, with Louise-Hélène Sénécal appointed as the new Chair following the retirement of Priscille Leblanc, who served since the Foundation's inception in 2012 [1][3] - The Foundation's Board of Directors has welcomed new members Maria Kuchel and Marcel Forget, while also acknowledging the retirement of Panagiota 'Peggy' Zafiris [3][6] - In 2026, the Foundation approved grants for 38 registered charities across Canada, with the announcement of Big Dream Grants recipients expected soon [4][6] Leadership Changes - Priscille Leblanc retires after 13 years of leadership as the first Chair of the Air Canada Foundation [6] - Louise-Hélène Sénécal, former Vice President and General Counsel of Air Canada, takes over as Chair [1][3] - New Board members Maria Kuchel (Secretary) and Marcel Forget join the existing Board [3][6] Grant Distribution - The Air Canada Foundation has selected 38 charities to receive grants this year, following a rigorous selection process from hundreds of applications [4][6] - The Foundation has committed to improving the health and well-being of children and youth in Canada, having raised over $20 million since its establishment [5][6] Foundation Overview - Established in 2012, the Air Canada Foundation focuses on supporting children and youth, humanitarian relief, and health-related causes [5][8] - Core programs include the Hospital Transportation Program, which redistributes Aeroplan points to pediatric hospitals, and fundraising activities like the Every Bit Counts program [8]

Airline recognized for its commitment to creating an engaging, supportive and inclusive workplace.MONTRÉAL, March 17, 2026 (GLOBE NEWSWIRE) -- Air Canada has been recognized for the 13th consecutive year as one of Montreal’s Top Employers for 2026. The award reflects the airline’s sustained commitment to its people and its focus on fostering an employee experience grounded in purpose, pride, and belonging. “Being recognized as one of Montreal’s Top Employers for the 13th consecutive year is truly meaningfu ...

Core Insights - Air Canada and CAE announced the recipients of the 2026 Captain Judy Cameron Scholarship, aimed at supporting Canadian women pursuing careers as commercial pilots or aircraft maintenance engineers [1][3][4] - The scholarship program, established in honor of Air Canada's first female pilot, aims to promote gender parity in aviation and encourage more women to enter the field [4][6][7] Scholarship Details - Up to eight scholarships are awarded annually to Canadian women, with four recipients becoming CAE Women in Flight ambassadors [3][5] - The program has expanded since its inception in 2019, doubling the number of scholarships awarded in 2023 [7] Impact and Legacy - The scholarship highlights the achievements of women in aviation, with past recipients becoming flight instructors and pilots at major airlines [4][8] - The initiative aims to inspire the next generation of women in aviation, addressing the current statistic that women represent only about five percent of commercial pilots worldwide [4][9] About the Program - The CAE Women in Flight Ambassador program encourages young girls and women to pursue careers in aviation, fostering a community of role models [9][10] - The program has expanded partnerships with airline customers to increase scholarship availability, supporting women in their pilot training [10]

Core Insights - Air Canada has been recognized as one of Canada's Best Diversity Employers for 2026, marking the eighth time in a decade the airline has received this accolade [1] - The recognition highlights Air Canada's commitment to diversity, equity, and inclusion, emphasizing collaboration among employees, resource groups, and community partners [3] - The airline continues to promote an inclusive workplace through strategic partnerships and initiatives aimed at underrepresented communities [4] Company Overview - Air Canada is the largest airline in Canada and a founding member of Star Alliance, providing scheduled service to over 180 airports globally [6] - The airline has a Four-Star ranking from Skytrax and operates a premier travel loyalty program, Aeroplan, with over 10 million members [6] - Air Canada also offers extensive travel options through Air Canada Vacations, covering hundreds of destinations worldwide [6] Diversity and Inclusion Initiatives - The airline connects with underrepresented communities to share aviation career opportunities and provides scholarships for those studying to be pilots and aircraft mechanics [7] - Air Canada has established a governance structure to support inclusion and belonging at all organizational levels [7] - The company celebrates workforce diversity through Employee Resource Groups and Champions for inclusion [7] Environmental Commitment - Air Canada has set a long-term goal of achieving net-zero greenhouse gas emissions by 2050 as part of its climate-related ambitions [8]

Core Insights - Air Canada and Pegasus Airlines have formed a new partnership to enhance travel options to Türkiye, specifically to Istanbul and Izmir [1][3][5] Group 1: Partnership Details - The interline agreement allows Air Canada customers to book travel on nine routes operated by Pegasus Airlines, facilitating connections through major European gateways [5][7] - The partnership aims to deepen collaboration with future codeshare and loyalty agreements, enhancing customer benefits [3][6][7] Group 2: Strategic Importance - This partnership strengthens Air Canada's connectivity to a growing market, providing customers with increased choice and flexibility in travel [5][6] - The collaboration is expected to enhance travel convenience with features like single itineraries and through-checked baggage [7] Group 3: Company Profiles - Air Canada is the largest airline in Canada, serving over 180 airports globally and is a founding member of Star Alliance [8] - Pegasus Airlines, established in 1990, operates as a low-cost carrier with a network of 158 destinations across 55 countries, focusing on budget-friendly travel [9]

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]

Group 1 - Jefferies raised the target price for Air Canada from 18 CAD to 22 CAD [1]

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].