AC.TO has been in the news 375% more than usual
May 09, 2025, 2:30 PM
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AC.TO has been in the news recently: Air Canada experienced a $102 million net loss in the first quarter of 2025, attributing the decline to decreased travel to the U.S. and trade tensions, which led to a forecasted earnings reduction to between $3.2 billion and $3.6 billion. The CEO noted a "low teens" percentage drop in U.S. bookings as of May 9, 2025.
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