Air Canada expects higher labor costs, record number of new planes in 2026
AlphabetAlphabet(US:GOOG) Reuters·2025-11-05 14:57

Core Insights - Air Canada is facing challenges with increased labor costs and a slowdown in U.S. leisure travel in 2026 [1] - The airline plans to add 35 new planes to its fleet, indicating a strategy to expand despite the challenges [1] Company Summary - Air Canada is the largest carrier in the country [1] - The introduction of 35 new planes suggests a commitment to growth and modernization of its fleet [1] Industry Summary - The airline industry is experiencing pressure from rising labor costs [1] - There is a noted sluggishness in U.S. leisure travel, which may impact demand for Air Canada's services [1]