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Air Canada Enhances Fleet with New B737-8 Delivery

Air Canada, one of the leading airlines in North America, has recently enhanced its fleet with the acquisition of a new Boeing 737-8 aircraft. This jet, which bears the serial number 66478, is powered by LEAP-1B27 engines, known for their fuel efficiency and reduced environmental impact.

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Air Canada Expands Fleet with Boeing 737-8 Delivery

Air Canada has expanded its fleet with the addition of a new Boeing 737-8, identified by serial number 66477, further enhancing its operational efficiency. The aircraft is powered by LEAP-1B27 engines, offering improved fuel efficiency, lower emissions, and reduced operating costs.

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Air Canada to Transfer B737 MAX Fleet to Rouge by 2028

Air Canada has announced its plan to transfer its B737 MAX fleet to its low-cost subsidiary, Air Canada Rouge, by 2028. This strategic move aims to streamline Rouge’s operations by eventually consolidating the unit to a single fleet type, enhancing operational efficiency and reducing costs. Meanwhile, the mainline Air Canada unit still has 12 more B737 MAX aircraft on order, ensuring continued modernization and…

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Air Canada Announces 2028 Financial Targets

Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.

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Canadian Government Sells Air Canada Stake

The Canadian government has reportedly sold its 6% stake in Air Canada, which it had acquired in 2021 for $350 million as part of a bailout package to support the airline during the COVID-19 pandemic. This move marks a significant development in the relationship between the government and the nation’s flagship carrier.