tiprankstipranks
Company Announcements

Air Canada Reveals Ambitious 2028 Financial Targets

Story Highlights
Air Canada Reveals Ambitious 2028 Financial Targets

Air Canada (TSE:AC) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

Air Canada outlined its ambitious financial targets at its 2024 Investor Day, aiming for $30 billion in operating revenues and a 17% adjusted EBITDA margin by 2028. The airline plans to focus on commercial growth, margin expansion, and consistent cash generation to enhance shareholder value. Guided by a disciplined capital allocation strategy, Air Canada is well-positioned to leverage opportunities while maintaining a strong financial foundation.

For further insights into TSE:AC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1