Air Canada reports Q3 profit of $264M, down from a year ago as labour stoppage weighs
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 04/11/2025 (339 days ago), so information in it may no longer be current.
MONTREAL – Air Canada reported a profit of $264 million during the third quarter, down from $2.04 billion during the same period a year earlier.
That amounted to diluted earnings per share of 88 cents, compared with $5.38 in the same quarter last year.
The Montreal-based airline says operating revenues during the quarter came in at $5.77 billion, falling around five per cent from $6.1 billion during the third quarter last year.
Results for the three-month period ended Sept. 30 include the three-day work stoppage by more than 10,000 flight attendants in August that shut down operations and caused more than 3,000 flight cancellations.
Air Canada CEO Michael Rousseau says the latest results met the company’s revised estimate that was lowered to adjust for the labour disruption that occurred during the peak of the summer season.
In September, Air Canada lowered its full-year guidance while estimating the cost of the strike at $375 million.
This report by The Canadian Press was first published Nov. 4, 2025.
Companies in this story: (TSX:AC)