Press Release: Air Canada announces long-term plan at its 2024 Investor Day, setting 2028 targets of $30 billion operating revenues, at least 17% adjusted EBITDA margin and approximately 5% free cash flow margin by 2028

Dow Jones

Dec 17, 2024

climate ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US.

Internet: aircanada.com/investors

View original content to download multimedia:https://www.prnewswire.com/news-releases/air-canada-announces-long-term-plan-at-its-2024-investor-day-setting-2028-targets-of-30-billion-operating-revenues-at-least-17-adjusted-ebitda-margin-and-approximately-5-free-cash-flow-margin-by-2028-302333468.html

SOURCE Air Canada

/CONTACT: Contacts: media@aircanada.ca, investors.investisseurs@aircanada.ca

(END) Dow Jones Newswires

December 17, 2024 06:00 ET (11:00 GMT)

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For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US. \n</p>\n<p>\n     Internet: aircanada.com/investors \n</p>\n<p>\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/air-canada-announces-long-term-plan-at-its-2024-investor-day-setting-2028-targets-of-30-billion-operating-revenues-at-least-17-adjusted-ebitda-margin-and-approximately-5-free-cash-flow-margin-by-2028-302333468.html \n</p>\n<p>\n     SOURCE Air Canada \n</p>\n<p>\n       /CONTACT: Contacts: media@aircanada.ca, investors.investisseurs@aircanada.ca \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 17, 2024 06:00 ET (11:00 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Air Canada announces long-term plan at its 2024 Investor Day, setting 2028 targets of $30 billion operating revenues, at least 17% adjusted EBITDA margin and approximately 5% free cash flow margin by 2028</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Air Canada announces long-term plan at its 2024 Investor Day, setting 2028 targets of $30 billion operating revenues, at least 17% adjusted EBITDA margin and approximately 5% free cash flow margin by 2028\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-17 19:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nclimate ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US. \n</p>\n<p>\n     Internet: aircanada.com/investors \n</p>\n<p>\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/air-canada-announces-long-term-plan-at-its-2024-investor-day-setting-2028-targets-of-30-billion-operating-revenues-at-least-17-adjusted-ebitda-margin-and-approximately-5-free-cash-flow-margin-by-2028-302333468.html \n</p>\n<p>\n     SOURCE Air Canada \n</p>\n<p>\n       /CONTACT: Contacts: media@aircanada.ca, investors.investisseurs@aircanada.ca \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 17, 2024 06:00 ET (11:00 GMT)\n</p>\n</font>\n\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":"2492379009","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492379009","pubTimestamp":1734433200,"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":"Air Canada announces long-term plan at its 2024 Investor Day, setting 2028 targets of $30 billion operating revenues, at least 17% adjusted EBITDA margin and approximately 5% free cash flow margin by 2028. -- Accelerated commercial growth strategy grounded on strong foundation. built over the last decade and leveraging many opportunities ahead. -- Focus on margin expansion, consistent cash generation to invest in the. -- Capital allocation objectives with disciplined balance sheet management. -- Air Canada reaffirms full year 2024 guidance and shares expectations for. -- 2025 full year guidance, financial targets for 2028, and long-term. At the 2024 Investor Day, Mr. Rousseau and members of the executive team will provide details on Air Canada's strategy, investment thesis and financial targets.Air Canada is reiterating the full year 2024 guidance provided in Air Canada's news release dated November 1, 2024, and is providing guidance for the full year 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"ACDVF":"Air Canada"},"translate_title":"新闻稿：加拿大航空在2024年投资者日宣布长期计划，设定2028年营业收入目标为300亿加元，调整后EBITDA利润率至少为17%，自由现金流利润率约为5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACDVF":1},"content_text":"climate ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US. \n\n\n     Internet: aircanada.com/investors \n\n\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/air-canada-announces-long-term-plan-at-its-2024-investor-day-setting-2028-targets-of-30-billion-operating-revenues-at-least-17-adjusted-ebitda-margin-and-approximately-5-free-cash-flow-margin-by-2028-302333468.html \n\n\n     SOURCE Air Canada \n\n\n       /CONTACT: Contacts: media@aircanada.ca, investors.investisseurs@aircanada.ca \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 17, 2024 06:00 ET (11:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}