Air Canada Provides Second Quarter 2024 Preliminary Results and Updates Full Year 2024 Guidance
Source: Air Canada Q2 2024 preliminary results Operating revenues of about $5.5 billion, on 6.5% increased operated capacity year-over-year, as compared to about $5.4 billion in Q2 2023 Operating income of $466 million, with an operating margin of 8.4%, as compared to $802 million in Q2 2023 Adjusted EBITDA* of $914 million, as compared to about $1.2 billion in Q2 2023 All 2024 second quarter figures reported in this news release are preliminary estimates. Air Canada's interim unaudited condensed consolidated financial statements for the second quarter of 2024 are not yet complete and results for second quarter 2024 may vary from these preliminary estimates upon completion of closing procedures and finalization of the interim unaudited condensed consolidated financial statements. 2024 [...]