14 h. ago Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

MONTREAL — Air Canada lowered its financial forecast for the year as travellers continue to shy away from trips to the United States amid cross-border tensions, pushing the country’s largest airline to hunt for demand elsewhere. The company’s transborder bookings have dropped at least 13 per cent — “in the low teens” — for the […]

Economics

16 h. ago Delta, Korean Air buy 25% stake in Canadian carrier WestJet in US$550 million deal

The 25% stake is being sold by Onex Partners and affiliated funds and co-investors of the group. The Onex group will continue to own and control WestJet

Economics

20 h. ago Air Canada lowers financial forecast amid declining travel to the U.S.

The country's largest airline cut flight capacity to the U.S. as Canadians cancelled trips and booked flights to spots outside America

Other

20 h. ago Air Canada’s U.S. bookings to drop by ‘low teens’ in next 6 months: CEO

Air Canada previously said its decline in U.S.-bound bookings over the next six months mirrored an industry-wide drop of roughly 10 per cent.

Other

22 h. ago Air Canada Lowers 2025 Outlook as Travel to US Cities Declines

Air Canada trimmed its profit forecast for 2025 as President Donald Trump’s trade war slows the economy and discourages some Canadians from traveling to the US.

Other

38 h. ago Air Canada, WestJet still ranking low on customer satisfaction, study shows

Air Canada and WestJet are showing signs of improving customer satisfaction, yet continue to rank near the bottom of the list for large North American air carriers.

Economics

40 h. ago Boost in Flights from Canada to The Islands of The Bahamas this Summer and Fall

NASSAU, Bahamas, May 08, 2025 (GLOBE NEWSWIRE) — The Bahamas Ministry of Tourism, Investments & Aviation announces new and expanded airlift options from Canada making it easier than ever for Canadian travelers to experience the beauty and culture of the islands. Air Canada is introducing new, nonstop flights from Ottawa Macdonald-Cartier International Airport (YOW) and […]

Other

43 h. ago Mortgage rates at 3% or lower the magic number to reignite Canada’s housing market

Many potential homeowners don't have a lot of wiggle room when it comes to what they are comfortable paying

Events

66 h. ago Canadian airline named one of the most reliable in North America

Canadians who are tired of stressful flight delays and cancellations may want to consider flying with Flair Airlines for future trips.The Alberta-based low-cost carrier announced on Tuesday that it was one of the top airlines in North America for reliability in April, boasting a 99.8 per cent completion factor and just four cancellations.Flair took the first spot for flight completion across North America, WestJet followed closely behind at 98.6 per cent, and Air Canada and Porter tied for the third spot at 97.8 per cent."Completion rate is the most honest stat in aviation — either the plane flew, or it didn't," said Maciej Wilk, CEO of Flair, in a statement. "Why would you book with someone else if you're 11 times more likely to get cancelled?"Citing data from Cirium, Flair Airlines says its on-time performance record in Canada in April was 80.8 per cent, tying with Air Canada and landing just below Porter. WestJet topped the list wi...

Other

3 d. ago Petroperu’s 2025 Losses Could Be Bigger Than Previously Forecast

Peru’s struggling state-owned oil company Petroleos del Peru SA will lower its financial guidance in upcoming days, on lower international prices and an unexpected pause at its largest refinery.

Other

3 d. ago Air Canada, Porter offer service to LaGuardia, JFK amid Newark airport troubles

Disruptions at the airport peaked on Saturday as a shortage of air traffic controllers affected the airport's operations

Other

5 d. ago Europe Gas Follows Oil Lower as Energy Needs Seen Lagging Supply

European natural gas edged lower as prospects for energy demand fail to keep pace with the outlook for supply.

Economics

8 d. ago Trade war injects note of uncertainty into CN Rail outlook, as profits inch up

MONTREAL — Canadian National Railway Co. saw profits rise five per cent in its latest quarter as the country’s biggest railway operator worked through a trade war set off by U.S. President Donald Trump. Despite the tariff turmoil, the company stood by its financial forecast for the year even as other companies have lowered their […]

Economics

8 d. ago GM Lowers Guidance as Trump Tariffs Will Cost Up to $5 Billion

General Motors Co. lowered its full-year profit outlook, just two days after suspending earnings guidance, citing exposure to as much as $5 billion in auto tariffs being levied by President Donald Trump.

Economics

9 d. ago Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says

DUBAI, United Arab Emirates (AP) — Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said Wednesday. The IMF’s regional outlook report for the MENA region said Brent […]

Economics

9 d. ago With uncertainty over trade and tariffs, CPKC lowers financial forecast despite Q1 profit increase

Shifting tariffs and a risk of recession prompt more moderate earnings expectations

Economics

9 d. ago CPKC lowers financial forecast amid ‘trade storm,’ but stresses new trade flows

Shifting tariffs and a risk of recession prompt more moderate earnings expectations

Economics

9 d. ago Germany to Lower Gas Storage Targets to 45% for Certain Sites

Germany will halve targets for how much gas has to be stockpiled by Nov. 1 to 45% for certain types of storage facilities — including the country’s largest in Rehden.

Other

1 week ago Cnooc Profit Drops as Lower Oil Prices Outweigh Increased Output

Cnooc Ltd., China’s biggest offshore driller of crude oil, saw profits fall in the first quarter after a drop in global prices.

Economics

2 w. ago «C’est gênant»: Air Canada affiche l’érable de Norvège plutôt que l’érable à sucre sur tous ses avions

Le logo d’Air Canada, visible sur tous ses avions, affiche la feuille d’un érable de Norvège plutôt que d’un érable à sucre, selon des experts.

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