{"id":30545,"date":"2025-07-28T23:57:14","date_gmt":"2025-07-28T23:57:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/30545\/"},"modified":"2025-07-28T23:57:14","modified_gmt":"2025-07-28T23:57:14","slug":"air-canadas-second-quarter-profit-falls-on-weak-u-s-travel-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/30545\/","title":{"rendered":"Air Canada\u2019s second-quarter profit falls on weak U.S. travel demand"},"content":{"rendered":"<p class=\"c-article-body__text text-pr-5\">Air Canada <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/AC-T\/\" rel=\"nofollow noopener\" target=\"_blank\">AC-T<\/a> reported a drop in second-quarter profit on Monday, weighed down by weak passenger traffic to its key U.S. market amid strained trade relations between the two countries.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Canadians are increasingly boycotting U.S.-made goods and cancelling trips to the United States following President <a href=\"https:\/\/www.theglobeandmail.com\/topics\/donald-trump\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/donald-trump\/\">Donald Trump\u2019s<\/a> tariffs on Canada and his controversial remarks suggesting the country should be annexed.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The travel slowdown became pronounced during the summer season, typically the most lucrative period for carriers.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/investing\/personal-finance\/article-canada-vacations-impact-hotels-rentals-tourism-us\/\" rel=\"nofollow noopener\" target=\"_blank\">\u2018Elbows up\u2019 vacations a boon for Canada\u2019s hospitality sector, June data show<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">For the third quarter of 2025, the carrier plans to increase its available seat miles (ASM) capacity between 3.25 per cent and 3.75 per cent from the same period last year.<\/p>\n<p class=\"c-article-body__text text-pr-5\"><a href=\"https:\/\/www.theglobeandmail.com\/topics\/air-canada\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/air-canada\/\">Canada\u2019s largest carrier<\/a> reported a profit of 60 cents per share during the second quarter, compared with 98 cents per share a year ago.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Air Canada\u2019s total operating revenue was $5.63-billion for the quarter ended June, compared with $5.52-billion a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"Air Canada AC-T reported a drop in second-quarter profit on Monday, weighed down by weak passenger traffic to&hellip;\n","protected":false},"author":2,"featured_media":30546,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[901,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,44,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-30545","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-news","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/30545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=30545"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/30545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/30546"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=30545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=30545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=30545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}