Air Canada pins hopes on business travellers after profits fall

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Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

The bump hints at the potential demonstrated by U.S. carriers, which enjoyed a marked rebound in business travel. Air Canada saw a similar trend. Executives in the tech and transportation sectors have returned to Canadian skies in greater numbers, "which is a very, very good sign for a rebuild on the corporate demand side," said Galardo."It's a little bit early to spike the ball on that, but we're seeing some very, very strong signals."

It also reaffirmed plans to bolster capacity by between six per cent and eight per cent and increase adjusted earnings to between $3.7 billion and $4.2 billion this year. A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.Ontario’s Special Investigations Unit has released new details about a wrong-way collision in Whitby on Monday night that claimed the lives of four people.

Doctors dealing with at least 160 Canadians suffering eye damage possibly linked to looking at the eclipse Canadian baseball player Tyler Black made a major splash in his first-ever big league game for the Milwaukee Brewers on Tuesday night.Instead of competing under the Olympic flag, the refugees have their own emblem featuring a heart at its centre, surrounded by arrows symbolizing how lost refugees can find their way back.Drivers in Saskatchewan will now lose their licence for a week and their vehicle for a month if they are caught committing certain high-speed and dangerous offences on the road.

Ottawa paramedics say a teenage male was taken to hospital in critical condition following a stabbing that happened in Nepean Thursday.Former Ottawa city councillor Diane Deans is in palliative care after a five-year battle with ovarian cancer, according to Gloucester-Southgate Coun. Jessica Bradley.Ottawa Fire Services says two children and one adult were taken to hospital in critical condition after a fire broke out in a residential highrise building on Donald Street and St.

 

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