Air Canada Capacity Dragged by Macro Headwinds -- Market Talk

Dow Jones

2024/11/01

0818 ET - Air Canada's capacity growth is expected to rise at a slightly slower pace than previously expected. Executives say on an analyst call that the downgrade to 5% from a previous range of 5.5%-6.5% is due to supply chain pressures, aircraft availability and geopolitical conditions, such as the war in Ukraine and the conflict in the Middle East. Looking ahead, they said "at this time, we're expecting mid-single digit capacity growth in 2025." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 01, 2024 08:18 ET (12:18 GMT)

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Executives say on an analyst call that the downgrade to 5% from a previous range of 5.5%-6.5% is due to supply chain pressures, aircraft availability and geopolitical conditions, such as the war in Ukraine and the conflict in the Middle East. Looking ahead, they said \"at this time, we're expecting mid-single digit capacity growth in 2025.\" (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 01, 2024 08:18 ET (12:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACDVF","symbol_name":"Air Canada","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2480007125","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480007125","pubTimestamp":1730463480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0818 ET - Air Canada's capacity growth is expected to rise at a slightly slower pace than previously expected. 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