Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Repair Windows errors before they cause bigger problems3Scan for outdated or missing drivers - takes under a minuteAir Canada reported C$22.255 billion in operating revenue for 2024, up C$422 million, or 2%, from 2023. The airline called it a record when it released its results on February 13, 2025. But revenue is not profit: operating income, adjusted EBITDA and net income all declined year over year.
How much revenue did Air Canada report in 2024?
Air Canada’s full-year operating revenue was C$22.255 billion in 2024, compared with C$21.833 billion in 2023. The increase was C$422 million, or 2%. The headline figure of C$22.3 billion is the rounded version of the reported amount. The company’s results release presents its financial figures in Canadian dollars.
Operating revenue is the money generated from the airline’s operations before operating expenses and other items are deducted. It is a top-line measure, not a measure of how much the company kept as profit.
Did higher revenue mean higher profit?
No. Air Canada reported lower results on each of these profitability measures in 2024 than in 2023:
PC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware match#1 Best Overall
- Officially licensed by the airline
- Die cast metal with plastic parts
- Makes a great souvenir or gift
| Measure | 2024 | 2023 |
|---|---|---|
| Operating income | C$1.263 billion | C$2.279 billion |
| Adjusted EBITDA | C$3.586 billion | C$3.982 billion |
| Net income | C$1.720 billion | C$2.276 billion |
These are distinct measures. Net income is the company’s reported bottom-line profit; operating income reflects operating results after operating expenses. Adjusted EBITDA is a company-defined non-GAAP measure and should not be treated as equivalent to either net income or cash flow. Air Canada separately reported C$3.930 billion in net cash flows from operating activities for 2024.
Why did expenses rise?
Air Canada’s operating expenses increased 7% to C$20.992 billion in 2024. The company cited higher costs across most line items associated with capacity growth, along with higher labour, maintenance and IT expenses. It also recorded a one-time C$490 million charge in the fourth quarter for pension-plan amendments linked to its new pilot collective agreement.
Rank #2
- Purpose & Use – Perfect for collectors, aviation enthusiasts, or as a display piece, this snap-fit model assembles quickly without glue and includes a sturdy display stand
- Perfect Size – At 1/200 scale, the model measures approximately 13 inches long with a 12 ½-inch wingspan—large enough to impress while fitting neatly on shelves or desks
- Quality Materials – Made from durable solid injection-molded plastic for long-lasting quality, smooth finishes, and detailed realism
- Brand Excellence – From SkyMarks by Daron, a trusted leader in collectible aircraft models, delivering officially licensed replicas that celebrate modern aviation design and engineering
Operating capacity grew 5% year over year, while operating revenue rose 2%. Those figures show that capacity expanded faster than revenue, but the company’s release does not establish capacity growth as the sole cause of the revenue or profit changes.
Was C$22.3 billion still a record?
It was a record when Air Canada announced its 2024 results, but it is no longer the company’s latest annual revenue record. In results released on February 12, 2026, Air Canada reported C$22.372 billion in 2025 operating revenue, above the 2024 figure of C$22.255 billion.
The Tool Desk
Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Rank #3
- Purpose & Use – Perfect for collectors, aviation enthusiasts, or as a display piece, this snap-fit model assembles quickly without glue and includes a sturdy display stand
- Perfect Size – At 1/200 scale, the model measures approximately 13 inches long with a 12 ½-inch wingspan—large enough to impress while fitting neatly on shelves or desks
- Quality Materials – Made from durable solid injection-molded plastic for long-lasting quality, smooth finishes, and detailed realism
- Brand Excellence – From SkyMarks by Daron, a trusted leader in collectible aircraft models, delivering officially licensed replicas that celebrate modern aviation design and engineering
What did Air Canada say about its 2024 results?
In the February 13, 2025 results release, President and Chief Executive Officer Michael Rousseau said the airline achieved record annual revenue of $22.3 billion “on a five per cent increase in capacity over 2023.” He also said Air Canada transported about 47 million passengers during the year. These are management statements in the company’s release.
Quick Recap
Best Value
- 𝐄𝐀𝐒𝐘 𝐀𝐒𝐒𝐄𝐌𝐁𝐋𝐘: Herpa SnapFit airplane models click together in just a few steps — no glue or tools required. A simple way to start collecting detailed models.
- 𝐂𝐎𝐋𝐋𝐄𝐂𝐓𝐎𝐑'𝐒 𝐈𝐓𝐄𝐌: Herpa models are a perfect addition to any collection — discover model cars, trucks with trailers, fire engines, emergency vehicles and airplanes .
- 𝐑𝐄𝐀𝐋𝐈𝐒𝐓𝐈𝐂 𝐃𝐄𝐓𝐀𝐈𝐋: High-quality plastic planes with finely captured details — authentic airline liveries such as Lufthansa, Delta, KLM and American Airlines, on aircraft by Boeing, Airbus and Embraer.
- 𝐏𝐑𝐄𝐂𝐈𝐎𝐔𝐒 𝐆𝐈𝐅𝐓: The precise, true-to-scale design delights both collectors and businesses alike. With their realistic detailing, Herpa models make an excellent choice for birthday presents or corporate gifts. Suitable for ages 14 and up.
- 𝐈𝐍𝐅𝐎 & 𝐒𝐂𝐎𝐏𝐄 𝐎𝐅 𝐃𝐄𝐋𝐈𝐕𝐄𝐑𝐘: The model airplane has been scaled down to 1:200. It is suitable as a gift, decoration or refined detail for a miniature world, diorama or model train.
Rank #4
- Purpose & Use – Perfect for collectors, aviation enthusiasts, or as a display piece, this snap-fit model assembles quickly without glue and includes a sturdy display stand
- Perfect Size – At 1/200 scale, the model measures approximately 13 inches long with a 12 ½-inch wingspan—large enough to impress while fitting neatly on shelves or desks
- Quality Materials – Made from durable solid injection-molded plastic for long-lasting quality, smooth finishes, and detailed realism
- Brand Excellence – From SkyMarks by Daron, a trusted leader in collectible aircraft models, delivering officially licensed replicas that celebrate modern aviation design and engineering
Sources
- Air Canada, “Air Canada Reports Fourth Quarter and Full Year 2024 Financial Results,” February 13, 2025
- Air Canada 2024 Annual Report
- Air Canada, “Air Canada Reports Fourth Quarter and Full Year 2025 Financial Results,” February 12, 2026
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
