Air Canada today reported its fourth quarter and full year 2024 financial results.
“Air Canada achieved record annual revenues in 2024 of $22.3 billion on a five per cent increase in capacity over 2023,” said Michael Rousseau, president and chief executive officer of Air Canada.
“We executed our plan, making adjustments where necessary, achieving nearly $3.6 billion in annual adjusted EBITDA and free cash flow of $1.3 billion. We also bought back for cancellation over 20 million shares in 2024 and over 15 million more in early 2025, completing the normal course issuer bid program we announced in November. We safely transported about 47 million passengers during the year, and I thank all Air Canada employees for…
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