AirInsightAddison Schonland

Air Canada’s record Q1 2026: $5.8B revenue, $623M adjusted EBITDA—full-year outlook suspended on fuel uncertainty

Air Canada opened 2026 with record first-quarter performance, reporting $5.8 billion in operating revenues (+11% year over year) and $623 million of adjusted EBITDA (+61%). Operating income was $117 million (+$225 million versus Q1 2025), with net income of $48 million and liquidity of $8.8 billion. The carrier suspended full-year guidance citing fuel-market uncertainty.

2026-05-01T06:56:34.546927-07:00
emirates.com

Emirates SkyCargo expands freighter network to Toronto Pearson Airport

By emirates.com: Dubai, UAE, 30 April 2026- Emirates SkyCargo has launched a weekly freighter service to Toronto Pearson Airport, further strengthening air cargo links between Canada and the UAE.

2026-04-30T23:54:44.819162-07:00
FlightGlobalDavid Kaminski-Morrow

TAP A320neo descended towards terrain before climb breached cleared altitude

By FlightGlobal: Prague approach control warned crew after minimum safe-altitude alert. Czech investigators have disclosed that a TAP Portugal Airbus A320neo crew received a terrain proximity warning after descending below its assigned altitude, subsequently breaching this altitude during its steep climb.

2026-05-01T06:33:44.728652-07:00