10:53:31 EDT Thu 10 Sep 2026
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or Name
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CA



Air Canada
Symbol AC
Shares Issued 280,327,794
Close 2026-09-09 C$ 28.13
Market Cap C$ 7,885,620,845
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Globe says Air Canada sees rise in U.S. business travel

2026-09-10 08:33 ET - In the News

Also In the News (C-ONEX) Onex Corp

The Globe and Mail reports in its Thursday edition that air bookings by Canadian business travellers to the United States increased by 16.5 per cent year-over-year in August, as corporate travel continues to run counter to the overall national trend of avoiding leisure trips south of the border. The Globe's Mariya Postelnyak writes that the data, from business travel management firm Corporate Traveller Canada, show that air bookings for Canadian employees travelling to the U.S. increased 6 per cent over all year-to-date. The upward trend reached its most recent peak last month when a last-minute breakdown of Canada-U.S. trade negotiations triggered a new volley of tariffs on $28-billion worth of Canadian goods and a "dollar-for-dollar" response from Ottawa. "The reality of long-term contracts and people being in business with each other across the border is not going to change that quickly," said Chris Lynes, president of Corporate Traveller for the Americas. "Travel is just something that they cannot afford not to do." Canadian holiday-makers, on the other hand, have pulled back from the border in droves. Leisure travel to the U.S. has dropped between 25 per cent and 30 per cent since the trade war began in 2025.

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