Air Canada bookings to US decline by 'low teens' on trade tensions, CEO says
- Posted on May 9, 2025
- By Yahoo News
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Air Canada bookings to US decline by 'low teens' on trade tensions, CEO says
MONTREAL (Reuters) -Air Canada is seeing a "low teens" percentage decline in bookings over the next six months for trips across the U.S. border amid trade tensions and a weaker Canadian dollar, the airline's CEO said on Friday. Canada's largest carrier on Thursday lowered its annual adjusted core profit forecast and posted first-quarter revenue below analysts' estimates on softer trans-border traffic. Air Canada previously said its decline in U.S.-bound bookings over the next six months mirrored an industry-wide drop of roughly 10%.