Air Canada has announced a net income of $296 million for the fourth quarter of 2025, a substantial improvement compared to the $644 million loss during the same period in 2024. The airline's diluted earnings per share reached $1, a stark contrast to the loss per share of $1.81 the previous year. The Montreal-based carrier reported record operating revenues of $5.8 billion for the quarter ending December 31, up from $5.4 billion year-over-year.
Air Canada's CEO, Michael Rousseau, attributed the positive results to the company's ability to navigate shifting demand trends amid ongoing macroeconomic and geopolitical uncertainty. "Air Canada finished 2025 with a solid fourth quarter, delivering record revenues of $5.8 billion and achieving strong year‑over‑year earnings growth," Rousseau stated. "For the full year, we generated $918 million in operating income and $3.1 billion in adjusted EBITDA".
In addition to the strong financial performance, Air Canada recently announced the acquisition of eight Airbus A350-1000 wide-body aircraft, with the option to purchase eight more. Deliveries are expected to begin in the second half of 2030. This move is part of Air Canada's fleet modernization program and aims to bolster its long-haul capabilities. Mark Galardo, Executive Vice President and Chief Commercial Officer at Air Canada, commented, "Air Canada's acquisition of the Airbus A350-1000 will further solidify our position as a leading global airline through the next decade".
The airline is also adapting to challenges such as fuel shortages, as seen with the recent suspension of flights to Cuba. Despite these hurdles, Air Canada remains focused on strategic initiatives and efficient aircraft to drive growth and improve margins. The addition of the Airbus A350-1000 will provide increased range and improved operating economics, enabling Air Canada to expand its global network.
