Air Canada Reports Second Quarter 2024 Financial Results
Source: Air Canada Second quarter operating revenues of $5.5 billion, increased 2% year over year Operating income of $466 million, decreased $336 million year over year Adjusted EBITDA* of $914 million, decreased $306 million year over year Leverage ratio* of 1.0 as at June 30, 2024, compared to 1.1 at end of 2023 Air Canada today reported its second quarter 2024 financial results. "Air Canada today reported second quarter operating revenues of more than $5.5 billion and adjusted EBITDA of $914 million. We saw healthy demand, with load factors remaining above historical averages. We remained sharply focused on our customers and operations throughout the quarter and experienced a 10-percentage point year-over-year improvement in our on-time performance, even with the increased [...]