Air Canada Provides Third Quarter 2025 Estimated Results and Updated Full Year 2025 Guidance

Air Canada Boeing 777-333 ER C-FITW (msn 35298) (Go Canada Go) LHR (Wingnut). Image: 964180.
Air Canada Boeing 777-333 ER C-FITW (msn 35298) (Go Canada Go) LHR (Wingnut). Image: 964180.

MONTRร‰AL, Sept. 24, 2025 /CNW/ – Air Canada today provided certain estimated results for the third quarter of 2025 and updated full year 2025 guidance, which was suspended in August 2025. Air Canada also provided an estimate of the financial impact of the labour disruption in August by the Canadian Union of Public Employees (CUPE), the union representing cabin crew.

Q3 2025 Estimated Results

Air Canada logo (CNW Group/Air Canada)
Air Canada logo (CNW Group/Air Canada)

Air Canada anticipates, for the quarter ending September 30, 2025:

  • Operated capacity to decline by approximately 2% from the same period in 2024 as a result of the cancellation of more than 3,200 flights;
  • Operating income betweenย $250 millionย andย $300 million, which includes approximatelyย $175 millionย from one-time non-cashย pension plan amendments and other labour related charges and adjusted EBITDA* betweenย $950 millionย andย $1 billion. Airย Canada’sย operating income totalledย $1.040 billionย and adjusted EBITDAย $1.523 billionย for the third quarter of 2024.

*Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), adjusted CASM and free cash flow are referred to in this news release. Such measures are non-GAAP financial measures, non-GAAP ratios, or supplementary financial measures, are not recognized measures for financial statement presentation under GAAP, do not have standardized meanings, may not be comparable to similar measures presented by other entities and should not be considered a substitute for or superior to GAAP results. Refer to the “Non-GAAP Financial Measures” section of this news release for descriptions of these measures, and for a reconciliation of Air Canada non-GAAP measures used in this news release to the most comparable GAAP financial measure.

Labour Disruption Impacts

During the collective bargaining period with CUPE, Air Canada developed comprehensive plans to ensure the safe and orderly wind down and restart of its operations in the event of a labour disruption. When CUPE gave notice of its intent to strike, Air Canada acted on these contingency plans and ultimately cancelled over 3,200 flights in August 2025.

Financial impact. The financial impact of the labour disruption, which included an unlawful strike, is estimated to be $375 million in operating income and adjusted EBITDA*. This amount is derived from the combination of three components. First, the revenue impact is estimated to be $430 million, mainly due to refunds issued to customers, customer compensation and lower than expected travel bookings in August and early September. Second, $145 million in costs are estimated to have been avoided due to less flying activity, largely attributable to lower fuel expenses. Third, the cost avoidance was partially offset by an estimated $90 million of incremental costs associated with reimbursements to customers for out-of-pocket expenses and labour-related operating costs.

Affected customers. Air Canada deeply regrets the impact of the disruption on its customers and remains committed to resolving every claim submitted by affected customers quickly and accurately, having done so for more than 60,000 claims to date. Air Canada continues to update its progress and to provide information on its goodwill policies at the dashboard available at www.aircanada.com/action.

Arbitration with CUPE. Air Canada and CUPE are proceeding to arbitration to finalize the wage portion of the four-year tentative agreement. No labour disruption can be initiated by either party during the arbitration process or the term of the new agreement.

Updated Full Year 2025 Outlook

Air Canada is restoring and updating its full year 2025 financial and capacity guidance to reflect the financial and operational impact of the CUPE labour disruption and its expectations for the remainder of 2025, as follows:

MetricUpdated 2025 GuidancePrior 2025 Guidance
(Suspended on August 18, 2025)
Adjusted EBITDA*$2.9 billion to $3.1 billion$3.2 billion to $3.6 billion
ASM capacity0.5% to 1.5% increase versus 20241% to 3% increase versus 2024
Adjusted CASM*14.60 ยข to 14.70 ยข14.25 ยข to 14.50 ยข
Free cash flow*-$50 million to $150 millionBreak even +/- $200 million

*Refer to the “Non-GAAP Financial Measures” section of this news release for descriptions of these measures, and for a reconciliation of Air Canada non-GAAP measures used in this news release to the most comparable GAAP financial measure.

Major Assumptions

Air Canada made assumptions in providing its guidanceโ€”including a marginal Canadian GDP growth for 2025. Air Canada now assumes that the Canadian dollar will trade, on average, at C$1.39 per U.S. dollar for the full year 2025 and that the price of jet fuel will average C$0.92 per litre for the full year 2025. 

Air Canada’s estimates for the third quarter of 2025 and the guidance for the full year 2025 constitute forward-looking information within the meaning of applicable securities laws and are subject to important risks and uncertainties. Please see the discussion below under Caution Regarding Forward-looking Information. 

All figures and information indicated herein with respect to the third quarter ending September 30, 2025 reflect estimates with respect to such results based on currently available information, and have not been reviewed by the auditors. Air Canada’s actual results for the third quarter 2025 may vary from these estimates as the interim period is not yet complete and remains subject to completion of closing procedures, final adjustments, management’s review of results and completion of the interim unaudited consolidated financial statements. Other developments may arise between now and the time the financial results are finalized, and results could be materially different than the estimates set forth herein. These estimates will be supplemented by the third quarter 2025 consolidated financial information which will be released in accordance with applicable requirements.

Non-GAAP Financial Measures

Below is a description of certain non-GAAP financial measures and ratios used by Air Canada to provide readers with additional information on its financial and operating performance. Such measures are not recognized measures for financial statement presentation under GAAP, do not have standardized meanings, may not be comparable to similar measures presented by other entities and should not be considered a substitute for or superior to GAAP results. The non-GAAP financial measures or ratios described in this section typically have exclusions or adjustments that include one or more of the following characteristics, such as being highly variable, difficult to project, unusual in nature, significant to the results of a particular period or not indicative of past or future operating results. These items are excluded because the company believes these may distort the analysis of certain business trends and render comparative analysis across periods less meaningful and their exclusion generally allows for a more meaningful analysis of Air Canada’s operating expense performance and may allow for a more meaningful comparison to other airlines.

Air Canada excludes the effect of impairment of assets, if any, when calculating adjusted CASM and adjusted EBITDA, as it may distort the analysis of certain business trends and render comparative analysis across periods or to other airlines less meaningful.

A charge of $34 million was recorded in the third quarter of 2024 in other operating expenses related to estimated costs associated with contractual lease obligations. Air Canada excluded this expense in computing adjusted CASM and adjusted EBITDA.

Air Canada recorded a one-time pension past service cost of $490 million in the fourth quarter of 2024 as a result of certain pension plan amendments made in conjunction with the ratified 2024 collective agreement with its pilots. Air Canada excluded this charge in computing adjusted CASM and adjusted EBITDA.

In the third quarter of 2025 Air Canada expects to record a one-time pension past service cost and other labour related charges of approximately $175 million, including from the pension plan amendments made in conjunction with the tentative agreement reached with CUPE. Air Canada has excluded this charge in computing its estimated third quarter 2025 adjusted EBITDA and its guidance for the full year 2025 in respect of adjusted CASM and adjusted EBITDA.

Adjusted CASM

Air Canada uses adjusted CASM to assess the operating and cost performance of its ongoing airline business without the effects of aircraft fuel expense, the cost of ground packages at Air Canada Vacations, freighter costs and other items discussed above. These items may distort the analysis of certain business trends and render comparative analysis across periods less meaningful and their exclusion generally allows for a more meaningful analysis of Air Canada’s operating expense performance and may allow for a more meaningful comparison to that of other airlines.

In calculating adjusted CASM, aircraft fuel expense is excluded from operating expense results as it fluctuates widely depending on many factors, including international market conditions, geopolitical events, jet fuel refining costs and Canada/U.S. currency exchange rates. Air Canada also incurs expenses related to ground packages at Air Canada Vacations which some airlines, without comparable tour operator businesses, may not incur. In addition, these costs do not generate ASMs and therefore excluding these costs from operating expense results provides for a more meaningful comparison across periods when such costs may vary.

Air Canada also incurs expenses related to the operation of freighter aircraft which some airlines, without comparable cargo businesses, may not incur. Air Canada had six Boeing 767 dedicated freighter aircraft in service as at December 31, 2024, and seven as at December 31, 2023. These costs do not generate ASMs and therefore excluding these costs from operating expense results provides for a more meaningful comparison of the passenger airline business across periods.

The following tables provide the adjusted CASM reconciliation to GAAP operating expense for the periods indicated.

(Canadian dollars in millions, except where indicated)Full Year
20242023
Operating expense โ€“ GAAP$20,992$19,554
Adjusted for:
Aircraft fuel(5,118)(5,318)
Ground package costs(782)(720)
Freighter costs (excluding fuel)(163)(157)
Provision for contractual lease obligations(34)
Pension plan amendments(490)
Operating expense, adjusted for the above-noted items14,40513,359
ASMs (millions)104,38199,012
Adjusted CASM (cents)ยข13.80ยข13.49

Adjusted EBITDA

Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization and impairment) is commonly used in the airline industry and are used by Air Canada as a means to view operating results before interest, taxes, depreciation, amortization and impairment and other items discussed above. These items can vary significantly among airlines due to differences in the way airlines finance their aircraft and other assets.

Adjusted EBITDA is reconciled to GAAP operating income (loss) as follows:

(Canadian dollars in millions)Third QuarterFull Year
2025 (Estimated)202420242023
Operating income โ€“ GAAP$250-300$1,040$1,263$2,279
Add back:
Depreciation and amortization5254491,7991,703
EBITDA$775-825$1,489$3,062$3,982
Add back:
Provision for contractual lease obligations3434
Pension plan amendments and other labour related charges175490
Adjusted EBITDA$950-1,0001,5233,5863,982

Free Cash Flow

Air Canada uses free cash flow as an indicator of the financial strength and performance of its business, indicating the amount of cash Air Canada can generate from operations and after capital expenditures. Free cash flow is calculated as net cash flows from operating activities minus additions to property, equipment, and intangible assets, and is net of proceeds from sale and leaseback transactions.

The table below reconciles free cash flow to net cash flows from (used in) operating activities for the periods indicated.

(Canadian dollars in millions)Full Year
20242023
Net cash flows from operating activities$3,930$4,320
Additions to property, equipment, and intangible assets(2,636)(1,564)
Free cash flow (1)$1,294$2,756

The tables below present comparative figures for the 12-month periods ending December 31, 2024 and 2023, in reference to Air Canada’s full-year 2025 guidance.

(Canadian dollars in millions, except where indicated)2024 Results2023 Results
ASM Capacity104.381 billion99.012 billion
Adjusted CASM (cents)13.80ยข13.49ยข
Operating expenses$20.992 billion$19.554 billion
Adjusted EBITDA$3.586 billion$3.982 billion
Operating income$1.263 billion$2.279 billion
Free cash flow$1.294 billion$2.756 billion
Net cash flows from operating activities$3.930 billion$4.320 billion

WestJet and Hope Air’s annual ‘Haul for Hope’ takes off in Calgary with record-breaking participation

Twenty-one teams from across Calgary compete to haul 67,000-pound aircraft, raising money for Canadian families in need of medical care far from home

CALGARY, AB, Sept. 24, 2025 /CNW/ – WestJet celebrates Hope Air’s annual Haul for Hope in Calgary today with a record number of all WestJet employee teams competing to haul a 67,000-pound Q400 aircraft to raise money for Hope Air. Of the total teams in Calgary competing, 10 of them are comprised of WestJet employees from across all areas of the business, signifying care and commitment to community investment.

WestJet and Hope Airโ€™s annual โ€˜Haul for Hopeโ€™ takes off in Calgary  with record-breaking participation (CNW Group/WESTJET, an Alberta Partnership)

“I am proud to once again participate in Hope Air’s Haul for Hope alongside 260 fellow participants who share in our commitment to provide Canadians in financial need access vital medical care far from home,” said Alexis von Hoensbroech, WestJet Chief Executive Officer. “Our longstanding partnership with Hope Air is a testament to how essential air travel is in Canada and with 41 domestic destinations across WestJet’s network, we are proud to support Hope Air in their mission to make it easier for Canadians to access vital medical care.”

“We are thrilled to celebrate the incredible energy, teamwork, and generosity at our final Haul for Hope in Calgary,” said Mark Rubinstein, CEO of Hope Air. “Thanks to WestJet, our amazing participants, and the Calgary International Airport (YYC) community, this event will have a direct impact on the patients and families who rely on Hope Air to access life-saving medical care far from home. Together, we’ve proven that when a community comes together, distance and cost don’t have to be barriers to care.”

“YYC Calgary International Airport connects Canadians across the country and around the world,” said Chris Dinsdale, President and CEO, Calgary Airports. “We’re proud to join with WestJet to raise funds for Hope Air, to support access to critical health care for everyone.” 

Since 2007, WestJet and Hope Air have partnered to provide thousands of flights for Canadian families in need of medical care and fundraised thousands of dollars for Hope Air through the gift of flight, signifying the transformative impact of this partnership.

Qatar Airways Cargo Launches Enhanced Mobile App for Seamless Booking and Shipment Management

Empowering customers with real-time visibility, instant booking, and 24/7 access – anytime, anywhere

Qatar Airways Cargo Boeing 777-FDZ A7-BFA (msn 36098) PAE (Nick Dean). Image: 904959.
Qatar Airways Cargo Boeing 777-FDZ A7-BFA (msn 36098) PAE (Nick Dean). Image: 904959.

Qatar Airways Cargo, the worldโ€™s leading air cargo carrier, has unveiled its newly revamped QR Cargo Mobile App, offering customers a powerful digital platform to manage their shipments with ease and flexibility. The enhanced app enables users to book cargo, track shipments in real time, access flight schedules, manage e-AWBs, request quotes, receive notifications, and connect with support – all from their mobile devices.

The launch aligns with the cargo carrierโ€™s digitalisation vision by reducing manual dependencies and empowering customers with greater self-service capabilities through easy-to-use business channels. Registered customers can now manage their bookings on the go, enjoying full access to the carrierโ€™s intuitive online booking portal, Digital Lounge, from quotation to confirmation. 

Mark Drusch, Chief Officer Cargo at Qatar Airways Cargo commented: โ€œA robust and well-designed cargo app provides customers with the convenience they expect โ€“ managing their business through their mobile devices. Additionally, the revamped mobile app streamlines operations, enhances efficiency, and accelerates service delivery. Weโ€™ve meticulously enhanced the QR Cargo Mobile App to deliver a seamless digital experience for our customers. By placing our industry-leading Digital Lounge in the palm of our customersโ€™ hands, weโ€™re empowering them with full access to every capability needed to manage their shipment journey with us โ€“ through a smooth intuitive native mobile experience.

โ€œWhether you’re a freight forwarder, shipper, consignee, or simply exploring our network and services, the app puts control at your fingertips – with instant booking options and real-time updates.โ€

With full-service capabilities and seamless integration into Qatar Airways Cargoโ€™s backend systems, the app sets a new benchmark for online cargo bookings. Designed with user experience at its core, the QR Cargo Mobile App offers:

  • Real-time shipment tracking
  • Live flight schedules
  • Station-level cargo handling capabilities ย 
  • Instant booking and booking update functions
  • Digital document upload (e.g. e-AWB)
  • Push notifications and alerts
  • Personalised dashboard
  • 24/7 access to customer support
  • Multi-user profile access (e.g. forwarders or agents)
  • Integrated with the Digital Lounge e-booking platform

Introducing Atmosโ„ข for Business – an innovative ecosystem for business travel that rewards companies and their employees


SEATTLE, Sept. 24, 2025 /PRNewswire/ — Right on the heels of the successful launch of Atmosโ„ข Rewards, Alaska Airlines and Hawaiian Airlines are rolling out a new self-managed business travel program that will revolutionize how employees from small and mid-sized businesses travel across our global network. Atmos for Business is a new, convenient one-stop shop for companies and organizations with at least $5,000 in annual travel spend. With businesses and their employees in the Atmos for Business ecosystem, everyone wins โ€“ with generous points earning for both the business and traveler, a bonus path to Atmos status for the traveler and one point per dollar spent on flown tickets for your company.

Atmos for Business
Atmos for Business

“Atmos for Business delivers a compelling proposition for both companies and their travelers. By combining robust loyalty rewards with a seamless booking experience, we’re making every business trip more meaningfulโ€”helping organizations grow and giving travelers the recognition and benefits they deserve,” said Brett Catlin, vice president of loyalty, alliances and sales. “It’s travel that works harder for everyone, with connections across the West Coast and throughout our global network.”

Better benefits for businesses

When a business enrolls in the new tool, it is assigned a company Atmos Rewards loyalty number. Anytime a traveler associated with that business flies with Alaska or Hawaiian, the business earns one point for each $1 spent. The accrued points can be used by the company for future travel on Alaska, Hawaiian or more than 30 global partners.

Beyond increased loyalty benefits for the business, Atmos for Business offers a seamless platform to make the booking process a breeze. The new tool offers:

  • A modernized flowย โ€“ the booking flow closely mirrors alaskaair.com and the experience most travelers are already familiar with.
  • Easy invitesย โ€“ travel managers can invite travelers through a bulk upload, shareable link or email.
  • More payment optionsย โ€“ accounts can house multiple payment options and dedicate them to individuals or groups.
  • Book according to teamsย โ€“ travelers can be grouped into teams, making it easier to book travel by department, office location and more.
  • Simple reportingย โ€“ travel managers can monitor activity, and track travel and spending all in one spot.
  • A robustย walletย โ€“ if a ticket is canceled, any unused funds can be added to a corporateย walletย and then applied to future travel for anyone.
  • Dedicated supportย โ€“ a team of experts is trained and ready to assist Atmos for Business users, ensuring a high level of care.
  • Unique benefits for intra-Hawai’i travelย โ€“ guests traveling within the state of Hawai’i will receive two free checked bags and free standby travel to access an earlier flight on the same route.

Better benefits for travelers

If your job has you hitting the road, be sure you’re earning the most points possible with Atmos for Business.

Guests traveling for business can connect their personal Atmos Rewards loyalty number and earn points as they fly. As an added bonus, these travelers will also earn a 10% bonus of status points on top of their base earn on any ticket booked through Atmos for Business. Travelers just need an Atmos Rewards number of their own and can sign up at alaskaair.com/atmosrewards/enroll.

A credit card that works for your business

To complement a new Atmos for Business account, we are offering the new Atmosโ„ข Rewards Visaยฎ Business card. Perfect for business expenses, cardholder benefits include an annual $99 Companion Fare (plus taxes and fees from $23), after qualifying purchases, a free checked bag, preferred boarding and more. Every $1 spent on eligible Alaska Airlines and Hawaiian Airlines purchases earns 3 Atmos Rewards points to be used on future travel. Learn more about everything the new card can do โ€“ and a limited-time offer of 80,000 points.

An ever-expanding network and premium experience

The combined global network of Alaska and Hawaiian offers access to hundreds of routes from our hubs along the West Coast and Hawai’i to more than 140 destinations, including global business centers like Tokyo, Seoul, Rome and London coming this spring. Whether you’re traveling in a suite on a new 787 Dreamliner or comfortable in Main Cabin, Alaska and Hawaiian just give you more. Industry-leading legroom, access to innovative meals and being cared for by our award-winning employees mean you can relax and enjoy the journey before you touch down and get to work.

American Airlines looks to the future ahead of milestone centennial year

With just 100 days to go until 2026, American Airlines is unveiling a centennial anthem video highlighting historic and present-day images of its fleet, global network and team members. Over the next year, American will celebrate milestone moments built on its rich legacy both on the ground and in the air.

On April 15, 2026, American will reach its milestone 100th anniversary in the skies. Ahead of this momentous occasion, American is debuting its centennial brand celebrating the airlineโ€™s enduring legacy of innovation with a commitment to caring for people on lifeโ€™s journey for the next 100 years and beyond.

โ€œAmerican is proud to be an airline known for its legacy of firsts,โ€ said Robert Isom, Americanโ€™s Chief Executive Officer. โ€œAs we get ready for our centennial, we celebrate the strong history of our iconic airline and brand while knowing weโ€™ve built an airline that will continue to move our customers and company forward for the next 100 years.โ€

Americanโ€™s centennial logo โ€” which will be featured across merchandise, digital channels, in flight, sports properties and more โ€” seamlessly integrates the brand customers around the world know and love with an infinity symbol, effortlessly blending strength, timelessness and legacy.

Video:

American Airlines aircraft slide show (historic aircraft and liveries):

American Airlines
Screenshot

More airline news:

London Calling! Air Canada Keeps Ottawa connected Year- Round

  • Ottawa-Londonย Heathrow flights continue through Winter 2025-26
  • Only Canadian airline linkingย Canada’sย capital non-stop toย Europe
  • Wide array of connections atย Heathrowย acrossย Europe, theย Middle East,ย Indiaย andย Africa

MONTRร‰AL, Sept. 23, 2025 /CNW/ – Air Canada announced today its Ottawa to London Heathrow non-stop flights will continue for Winter 2025-26, ensuring year-round connectivity between Canada’s capital city and the United Kingdom’s largest airport and a premier international gateway. Flights are available for booking now at aircanada.com, through Air Canada Contact Centres, and via travel agents. 

Air Canada announced today its Ottawa to London Heathrow non-stop flights will continue for Winter 2025-26, ensuring year-round connectivity between Canada's capital city and the United Kingdom's largest airport and a premier international gateway. (CNW Group/Air Canada)
Air Canada announced today its Ottawa to London Heathrow non-stop flights will continue for Winter 2025-26, ensuring year-round connectivity between Canada’s capital city and the United Kingdom’s largest airport and a premier international gateway. (CNW Group/Air Canada)

“Air Canada continues to solidify its leadership serving our country’s capital and we are excited to keep Ottawa connected to one of the world’s most important global gateways all year long. Customers travelling for business, corporate and leisure from the National Capital Region and abroad will enjoy the ease and convenience of international travel options to and from Ottawa. We can’t wait to welcome you onboard our London flights this winter and beyond,” said Mark Galardo, Executive Vice President & Chief Commercial Officer, and President of Cargo, at Air Canada.

“In today’s global landscape, strong connections between Canada’s Capital Region and strategic markets like the United Kingdom are more vital than ever. Air Canada’s decision to extend its YOW-LHR service through the winter is great news – it reflects the airline’s confidence in our region, its deep commitment to Ottawaโ€“Gatineau, and its role as a leading international carrier” said Susan Margles, President and CEO, Ottawa International Airport Authority. “This move is a win for travellers, businesses, and our entire community.”

“Air Canada’s expanded network is more than new destinations โ€” it’s about strengthening Canada’s connections to the world. Most Canadian air cargo travels in the belly of passenger planes, which means every new route also opens a new trade corridor for Canadian goods. The extension of the Ottawaโ€“London service will give Canadian businesses faster and more reliable access to the UK and Europe, supporting our exporters, driving investment, and creating good jobs here at home. Stronger connectivity in the skies means stronger growth on the ground โ€” and ensures Canada remains a leader in the global economy,” stated The Honourable Maninder Sidhu, Minister of International Trade. 

“I am delighted that service from Ottawa to London Heathrow will now be available year-round. I regularly hear from business leaders and residents that we need more direct links to Ottawa. The connection to London has been very successful and well-received. Expanding to year-round service will enhance Ottawa’s success as both a business and visitor destination. It strengthens our connection to the world, supports economic growth, and makes our city even more accessible as a place to visit, live, and invest in,” said Mark Sutcliffe, Mayor of Ottawa.

“With the strength tourism has shown throughout the summer months helping to set the foundation going into the colder season, Air Canada’s extension of the Heathrow to Ottawa route for the winter is a tangible signal of confidence in Ottawa as a year-round destination,” said Michael Crockatt, President and CEO of Ottawa Tourism. “This continued service ensures vital connectivity with our top overseas market. We appreciate Air Canada’s commitment and confidence, and we remain focused on supporting this route through proactive marketing and by offering an appealing destination for all visitors.”

Ottawa-London Heathrow schedule:

FlightFromToDepartArriveDays of
Operation
Winter
Season*
AC 888Ottawa (YOW)London Heathrow
(LHR)
21:5509:20 +1 dayWed, Fri, SunNov. 2, 2025-
Mar. 27, 2026
AC 889London Heathrow
(LHR)
Ottawa (YOW)12:0014:30Wed, Fri, SunNov. 2, 2025-
Mar. 27, 2026
*Flights will ramp up to 4 weekly flights for Summer 2026 beginning March 28, 2026

In addition to its London Heathrow route, Air Canada will operate over 450 weekly flights to and from Ottawa this winter across a range of regional, domestic, international and transborder flights.

New Sun Country Airlines Credit Card from Synchrony Rewards Travelers Every Time They Fly


New “Plus Status” Offering Allows Travelers to Earn Additional Benefits for Flights and Everyday Purchases

Delivered on March 22, 2019
Sun Country Airlines Boeing 737-8KN WL N832SY (msn 40243) IAD (Brian McDonough). Image: 946604.

STAMFORD, Conn. and MINNEAPOLIS, Sept. 23, 2025 /PRNewswire/ — Synchrony (NYSE: SYF), a leading consumer financial services company, and Sun Country Airlines (NASDAQ: SNCY) today announced the launch of a new credit card program focused on rewarding leisure travelers for both flights and everyday purchases. New cardmembers can earn 25,000 points when they spend $1,000 in the first 90 days after opening a new account.*

Synchrony and Sun Country Airlines today announced the launch of a new credit card program focused on rewarding leisure travelers for both flights and everyday purchases.
Synchrony and Sun Country Airlines today announced the launch of a new credit card program focused on rewarding leisure travelers for both flights and everyday purchases.

The new Sun Country Visa Signatureยฎ credit card allows cardmembers to earn up to 5X Sun Country rewards points for every $1 spent on Sun Country purchases: 3x when they use their card, and 2x when they fly. Cardmembers also earn 2X rewards points for every $1 spent on gas station and grocery store purchases, and 1X rewards points on all other purchases.*

In addition, cardmembers receive 50% off their first checked bag for themselves and travel companions on the same itinerary and 50% off Best and Standard seat selections for themselves and travel companions when purchasing pre-flight on suncountry.com or via the mobile app, plus a 10,000-point anniversary bonus if they spend $10,000 on their Sun Country Visa in a 12-month period based on the date of account opening. Travelers also receive a free premium drink in flight and a 25% discount on additional in-flight food and beverages when making their purchase using their Sun Country Visa.*

“At Synchrony, we create products to meet travelers’ needs, and this new card will offer Sun Country customers a seamless and rewarding customer experience,” said Bart Schaller, EVP & CEO, Digital, Synchrony. “This new program and partnership underscores Synchrony’s commitment to delivering exceptional value and further enhances our role across many industries, including travel. We are proud to help empower Sun Country travelers to enhance their journeys and open up new possibilities for exploration.”

Sun Country is also introducing Plus status to its Sun Country Rewards program to make travel even more rewarding. Plus members enjoy one additional point for every dollar spent on Sun Country purchases, no change or cancellation fees with complimentary Flexible Fares, and an upgraded day-of-travel experience with priority check-in, priority security (MSP departures only), and priority boarding (Zone 1) for themselves and their travel companions on the same itinerary. Members can qualify for Plus status by taking 10 flights in a calendar year or spending $10,000 annually on the Sun Country Visa.

“Sun Country offers our customers great value with low fares, more than 90 nonstop destinations, and a comfortable onboard experience,” said Colton Snow, Senior Vice President and Chief Marketing Officer of Sun Country. “Our partnership with Synchrony allows us to enhance our value by offering a credit card for both air travel-related purchases and everyday spending. Together, we are focused on creating more rewarding travel experiences, fostering customer loyalty, and providing flexible financial solutions that meet the evolving needs of today’s travelers.”

Existing Sun Country cardmembers have been converted to the new Synchrony-issued Sun Country Visa Signature credit card and new customers can apply through the Sun Country mobile app, or online through the Sun Country credit card landing page.

About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country’s most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country’s #2 Best Company to Work Forยฎ by Fortune magazine and Great Place to Workยฎ. For more information, visit www.synchrony.com.

EL AL Airlines Announces CEO Appointment and CFO Transition

El Al Israel Airlines Boeing 787-9 Dreamliner 4X-EDE (msn 63393) LAX (Michael B. Ing).
El Al Israel Airlines Boeing 787-9 Dreamliner 4X-EDE (msn 63393) LAX (Michael B. Ing).

New York, Sept. 22, 2025 โ€“ The EL AL Israel Airlines Board of Directors announced significant leadership changes at the company, marking a new chapter for Israelโ€™s national airline.

Following an in-depth search process, the Board of Directors has appointed Levy Halevy as Chief Executive Officer of EL AL. Halevy previously served as CEO of Israel Credit Cards Ltd.for seven years, during which he led the company to record profitability and positioned it as an industry leader. Halevyโ€™s career also includes senior roles in the financial and technology sectors, including Head of the Technology Division at the Discount Group, Deputy CEO of Menora Mivtachim, Head of Development at Bank Hapoalim, CEO of Malam Group and CEO of Consist Systems. His official start date will be announced at a later time.

At the same time, Yaakov (Yancale) Shachar, EL ALโ€™s Chief Financial Officer, has announced his retirement, effective at the end of November 2025. Shachar joined EL AL in 2006 and has played a pivotal role in the companyโ€™s financial management and resilience, leading aircraft financing transactions, managing risk and investor relations and strengthening EL ALโ€™s financial position throughout his nearly two decades with the company.

Shachar will be succeeded by CPA Gil Feldman, currently Deputy CFO and Head of the Economics, Budget and Business Development Division. Feldman, who joined EL AL in 2020, will assume the role of CFO on Dec. 1, 2025. In recent years, Feldman has overseen the companyโ€™s annual budget and business plan, supported management in strategic decision-making and played a central role in leading EL ALโ€™s COVID-19 recovery plan. Feldman also serves as Chairman of the Board of Borenstein and as a Director at EL AL subsidiaries Tamam and Sundor.

โ€œWe welcome the appointment of Levy Halevy as CEO of EL AL,โ€ said Amikam Ben Zvi, Chairman of the EL AL Board of Directors. โ€œLevy brings with him extensive management experience and deep expertise in the financial and technological sectors. I have no doubt that, together with the people of EL AL, our most valuable asset, he will lead the company to new heights. On behalf of the board and all EL AL employees, I would also like to thank Dina Ben Tal Ganancia for her tenure as CEO and her significant contributions in recent years. Additionally, I wish to express my deepest gratitude to Yancale Shachar for his many years of dedicated service. His leadership and professionalism strengthened EL ALโ€™s financial resilience and positioned the company on firm ground for the future. We are equally confident in Gil Feldmanโ€™s ability to continue this legacy, bringing exceptional dedication and professionalism to his new role.โ€

Air Canada Adds Select Transborder Routes

  • Newย San Antonioย toย Torontoย beginning Summer 2026
  • Newย Clevelandย andย Columbusย toย Montrรฉal beginning Summer 2026
Air Canada Boeing 737-8 MAX 8 C-GELJ (msn 61234) YYZ (TMK Photography). Image: 963600.
Air Canada Boeing 737-8 MAX 8 C-GELJ (msn 61234) YYZ (TMK Photography). Image: 963600.

MONTRร‰AL, Sept. 22, 2025 /CNW/ – Air Canada announced today it is adding new transborder flights and boosting capacity in select transborder markets for Summer 2026. Flights are now available for purchase at aircanada.com, through Air Canada Contact Centres, and via travel agents.

Air Canada announced today it is adding new transborder flights and boosting capacity in select transborder markets for Summer 2026. (CNW Group/Air Canada)
Air Canada announced today it is adding new transborder flights and boosting capacity in select transborder markets for Summer 2026. (CNW Group/Air Canada)

“Air Canada is launching services to San Antonio and linking Columbus and Cleveland to Montreal to support travel between these destinations and points across our global network. We are also boosting capacity on other markets to provide additional travel options for customers on both sides of the Atlantic,” said Mark Galardo, Executive Vice President & Chief Commercial Officer, and President, Air Canada Cargo.

New flights:

FlightFromToDepartArriveDays of
Operation
Season
AC 1019Toronto (YYZ)San Antonio, Texas (SAT)18:2021:00Mon, Wed, FriMay-Oct, 2026
AC 1018San Antonio, Texas (SAT)Toronto (YYZ)10:3015:07Tue, Thu, SatMay-Oct, 2026
AC 8647Montreal (YUL)Cleveland (CLE)16:4018:14DailyMay-Oct, 2026
AC 8648Cleveland (CLE)Montreal (YUL)14:4016:25DailyMay-Oct, 2026
AC 8621Montreal (YUL)Columbus (CMH)16:4018:39DailyMay-Oct, 2026
AC 8622Columbus (CMH)Montreal (YUL)14:4016:22DailyMay-Oct, 2026

Air Canada is set to boost its transborder capacity by 15 per cent in Summer 2026 compared to its Summer 2025 schedule. While in line with its Summer 2024 transborder capacity level, the planned 2026 increase is aimed at increasing choices for travellers connecting between Air Canada’s international network and these markets.

Air Canada Announces Changes to its Regional Network


  • Newย Frederictonย toย Ottawa, andย Monctonย toย Ottawaย daily flights
  • Newย Fort McMurrayย toย Vancouverย flights, three times weekly
  • Moreย Sudburyย toย Torontoย flights, increasing from two to three flights daily
Air Canada Express-Jazz Aviation Bombardier CRJ900 (CL-600-2D24) C-FJZD (msn 15420) LAX (Michael B. Ing). Image: 964732.
Air Canada Express-Jazz Aviation Bombardier CRJ900 (CL-600-2D24) C-FJZD (msn 15420) LAX (Michael B. Ing). Image: 964732.

MONTRร‰AL, Sept. 19, 2025 /CNW/ – Air Canada today announced changes to its regional network that include new flights connecting Ottawa to both Fredericton and Moncton beginning Dec. 15, 2025, and non-stop flights from Vancouver to Fort McMurray starting Dec. 2, 2025. The airline is also increasing flights from Toronto to Sudbury as of Feb. 1, 2026. All flights will be operated with Air Canada Express Q400 aircraft. Flights are now available for purchase at aircanada.com, through Air Canada Contact Centres, and via travel agents.

Air Canada today announced changes to its regional network that include new flights connecting Ottawa to both Fredericton and Moncton beginning Dec. 15, 2025, and non-stop flights from Vancouver to Fort McMurray starting Dec. 2, 2025. (CNW Group/Air Canada)
Air Canada today announced changes to its regional network that include new flights connecting Ottawa to both Fredericton and Moncton beginning Dec. 15, 2025, and non-stop flights from Vancouver to Fort McMurray starting Dec. 2, 2025. (CNW Group/Air Canada)

“Air Canada is diversifying its domestic regional network this fall to capitalize on travel demand in growing markets. Our newest Ottawa routes will connect the National Capital Region to two expanding areas in New Brunswick โ€“ its capital city, Fredericton, and Moncton, the province’s largest urban and fastest growing area. We have strategically designed these New Brunswick flights to connect in Ottawa to and from our domestic and sun network for additional travel choices,” said Mark Galardo, Executive Vice President & Chief Commercial Officer, and President, Cargo at Air Canada.

“The addition of non-stop flights from Fort McMurray to Vancouver, and more flights from Sudbury to Toronto will link these airports directly to our Vancouver and Toronto hubs, bringing corporate travellers a multitude of connecting options throughout our global network,” concluded Mr. Galardo.

FlightFromToDepart  Arrive  Days of
Operation  
Season
AC2548  Ottawa (YOW)Fredericton
(YFC)
15:4018:10dailyYear-round,
begins Dec. 15  
AC2549Fredericton
(YFC)
Ottawa (YOW)16:1517:00dailyYear-round,
begins Dec. 15
AC7890Ottawa (YOW)Moncton
(YQM)
17:5520:40dailyYear-round,
begins Dec. 15
AC7891Moncton
(YQM)
Ottawa (YOW)05:5007:00dailyYear-round,
begins Dec. 16
AC7790Vancouver
(YVR)
Fort McMurray  
(YMM)
15:1018:31Tue, Wed,
Thur
Year-round,
begins Dec. 2
AC7791Fort McMurray  
(YMM)
Vancouver
(YVR)
19:1020:47Tue, Wed,
Thur
Year-round,
begins Dec. 2

Sudbury increased capacity

RouteIncrease compared to previous year                               
Sudbury (YSB) to Toronto (YYZ)         Seat capacity increases 50%; flights increase from 2 to 3
daily flights, year-round, effective Feb. 1, 2026

As part of these network adjustments, Air Canada is also taking the difficult decision to suspend operations to Bathurst and to North Bay effective Jan. 30, 2026, for commercial viability reasons. Air Canada will implement these suspensions in line with its obligations under the Canada Transportation Act.

This winter, Air Canada will offer over 60,000 seats each day on more than 500 daily flights to 49 destinations across Canada.