Air Canada (AC.TO) on Tuesday said it is adding capacity to meet a rebound in spring traffic and sees ticket sales and business travel improving after reporting a larger-than-expected quarterly loss, sending shares down more than 5%.
Carriers are benefiting from a broader revival in travel demand as COVID-19 pandemic-related restrictions ease, but face pressures from higher fuel costs. read more
Chief Executive Michael Rousseau said the Canadian government is reviewing the use of mask and vaccine mandates for airline travel.