12:50:04 EDT Mon 06 Jul 2026
Enter Symbol
or Name
USA
CA



Air Canada
Symbol AC
Shares Issued 280,052,347
Close 2026-07-03 C$ 24.61
Market Cap C$ 6,892,088,260
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Globe/CP say Air Canada, rivals keep prices high

2026-07-06 08:12 ET - In the News

Also In the News (C-ONEX) Onex Corp
Also In the News (C-TRZ) Transat AT Inc

The Globe and Mail reports in its Saturday edition that Canadians continue to hop on board airplanes this summer even as ticket prices remain well above where they were last year -- despite a recent drop in fuel costs. A Canadian Press dispatch to The Globe says that as of late June, domestic economy airfares remained 11 per cent higher than a year earlier, while international fares were comparable year-over-year, according to travel search platform Kayak. Nonetheless, North American airlines have said demand going into the peak travel season was proving resilient in spite of greater global conflict and Canadians' shunning of the United States. Acceptance of higher ticket prices means those fares likely won't come down until early autumn, said John Gradek, who teaches aviation at McGill University. "Domestically, it's gangbusters," he said. About 2.5 million passengers boarded domestic flights in May, a 6.4-per-cent jump from May, 2025, according to Statistics Canada. Air travel to the U.S. nudged downward 2.1 per cent -- the 16th consecutive month of year-over-year drops -- while transborder car traffic rose. Politics plays a big role, say experts, as do fears about aggressive U.S. immigration and customs enforcement.

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