Air Canada

Country
Canada
Sector
Industrials
Industry
Airlines
Employees
37,200
Ticker
AC
Exchange
TORONTO STOCK EXCHANGE
Description
Air Canada is a major airline and the largest carrier in Canada, providing scheduled passenger flights and cargo services domestically and to international destinations. Primarily functioning as a pro...

Financial Statements of Air Canada

Below are the financial statements of Air Canada, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of CAD20242023
Operating revenues
Passenger
19,760a
19,403a
Cargo
991a
924a
Other
1,504a
1,506a
Total revenues
22,255a
21,833a
Operating expenses
Aircraft fuel
-5,118a
-5,318a
Wages, salaries and benefits
-4,880a
-3,955a
Depreciation and amortization
-1,799a
-1,703a
Airport and navigation fees
-1,487a
-1,418a
Aircraft maintenance
-1,237a
-1,083a
Sales and distribution costs
-1,085a
-1,097a
Capacity purchase fees
-860a
-858a
Ground package costs
-782a
-720a
Communications and information technology
-649a
-555a
Catering and onboard services
-637a
-628a
Other
-2,458a
-2,219a
Total operating expenses
-20,992a
-19,554a
Operating income
1,263a
2,279a
Non-operating income (expense)
Foreign exchange gain (loss)
-400a
389a
Interest income
431a
416a
Interest expense
-763a
-944a
Interest capitalized
32a
14a
Financial instruments recorded at fair value
28a
115a
Loss on debt settlements and modifications
-8a
-10a
Other
-68a
-47a
Total non-operating expense
-748a
-67a
Income before income taxes
515a
2,212a
Income tax recovery
1,205a
64a
Net income
1,720a
2,276a

Verified Sources Behind Air Canada’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Air Canada’s data sources below and access millions more through our Disclosure Search.

a. Air Canada's Annual Report 2024
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