AirInsight
• Addison Schonland
Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility
Air Canada reported first-quarter 2026 net profit of $48 million (0.16/diluted share) on 11.3% higher revenue to $5.8 billion, with operating income of $117 million (+$225 million). Adjusted EBITDA rose 61% to $623 million, but the carrier pulled full-year guidance amid uncertainty in fuel costs.
