Air Canada experienced a 7% rise in cargo revenue, totaling $991 million in 2024, attributed to increased volumes and yields in the Pacific and Americas, despite a 13% decline in Atlantic revenue. The airline’s net income fell 24% to $1.7 billion, with a slight 2% increase in operating revenue to $22.2 billion. Air Canada anticipates adjusted EBITDA of $3.4-3.8 billion for 2025 and aims for $30 billion in operating revenues by 2028, while maintaining a strong operational focus and adaptability in a challenging market environment.

Source: https://www.stattimes.com/air-cargo/air-canada-cargo-2024-revenue-up-7-on-higher-volumes-1354501