Air Canada adding flights to Latin America for this winter
MONTREAL — Air Canada is adding flights to Latin America as it looks to diversify its global network this winter.
The move comes as Canadians shun travel to the U.S. amid President Donald Trump's imposition of trade tariffs and his talk of Canada becoming the 51st state.
Air Canada says it will resume non-stop service to Lima, Peru, this winter with twice weekly flights from both Montreal and Toronto.
It's also adding three new routes to Central America and Mexico including, Montreal-Belize, Toronto-Puerto Escondido, and Vancouver-Tepic, Riviera Nayarit.
The airline says it's capitalizing on strong demand to vacation destinations in South and Central America and in Mexico's Oaxaca and Pacific coast areas.
Air Canada plans to offer more than 55 daily flights to 52 destinations in Latin America and the Caribbean this winter.
This report by The Canadian Press was first published July 9, 2025.
Companies in this story: (TSX:AC)
The Canadian Press
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Market Online
2 hours ago
- The Market Online
ATS proves defensive prowess with a profitable Q1 2026
Automation leader ATS Corporation (TSX:ATS) reported Q1 F2026 results, ending June 29, 2025, continuing a stretch of uninterrupted profitability that extends back to 2015, driven by increasing industrial demand to ramp up efficiency and enhance margins Revenue, for its part, jumped by 4.5x from C$591.1 million in F2013 to C$2.7 billion adjusted in F2025 ATS stock has added 7.01 per cent year-over-year, 125.58 per cent since 2020 and approximately 200 per cent since 2015 Industrial automation leader ATS Corporation (TSX:ATS) reported Q1 F2026 results, ending June 29, 2025, continuing a stretch of uninterrupted profitability that extends back to 2015. This content has been prepared as part of a partnership with ATS Corporation, and is intended for informational purposes only. Here are the highlights: Revenue added 6.1 per cent year-over-year (YoY) to C$736.7 million thanks primarily to contributions from new acquisitions. Net income fell to C$24.3 million, down from C$35.3 million YoY, impacted by higher SG&A, stock-based compensation and net finance costs. Adjusted EBITDA was C$101.5 million, down from C$106 million YoY. Order bookings of C$693 million, down by 15.2 per cent from C$817 million YoY. Order backlog of C$2.06 billion, up by 9.9 per cent YoY. The money-making quarter adds to a value-accretive run for ATS, including positive net income since 2015, complemented by a 4.5x jump in revenue from C$591.1 million in F2013 to C$2.7 billion adjusted in F2025. Over the past five years, momentum remains palpable, with net income rising from C$64.09 million in F2021 to C$144.4 million adjusted in F2025, and revenue following suit, climbing from C$1.43 billion to C$2.53 billion, respectively, despite lingering post-pandemic inflation and the threat of US tariff renegotiations. Management is confident in ATS's ability to deliver increased profits and market share, regardless of how US tariffs play out, thanks to the majority of the company's shipments from Canada into the US complying with the US-Mexico-Canada trade agreement, and equipment and product adjusted revenues from its Canadian and European operations being sold into the US remaining consistent at just over 20 per cent since Q4 F2025. From a broader perspective, according to the Q1 F2026 news release, management expects to be shielded from short-term economic uncertainty thanks to rising demand for its automation solutions to counteract labor shortages, higher labor costs, production onshoring or reshoring and the ever pressing, cross-industrial need for more efficient production to remain competitive in the marketplace. As expressed in the Q1 F2026 news release, 'supply chain impacts resulting from shifting trade dynamics have been largely mitigated through alternative sourcing, along with pricing strategies. While the company could see impacts over time arising from unmitigated costs related to the tariffs themselves, potential supplier price increases, and the timing and geographic shifts in customers' capital deployment, ATS's global footprint and decentralized operating model, supported by the ATS Business Model (see slide 8 of the August 2025 investor deck), provide some flexibility to address potential disruptions over the long term.' Management estimates Q2 2026 revenue to be between C$700 million and C$740 million, supported by stable to strong demand across its business segments. Leadership insights 'Today ATS reported our first quarter results for fiscal 2026, with revenue growth, including contributions from recent acquisitions, and adjusted earnings margins in line with our expectations,' Andrew Hider, ATS's outgoing chief executive officer (CEO), said in a statement. 'These results reflect continued focus on our value drivers, the resilience of our business model and the dedication of our global teams.' 'ATS is well-positioned as a leader in automation, supported by our strong presence in growing, diversified end markets, a sizeable, high-quality order backlog and the ATS business model firmly entrenched within the culture of our decentralized businesses,' added Ryan McLeod, ATS' chief financial officer and incoming interim CEO. 'Our leadership team is well prepared to leverage these advantages and drive value during this transition period.' About ATS ATS, founded in 1978, is a top automation solutions provider to the world's most successful companies, including multinational brands in life sciences, energy, transportation, consumer products and food & beverage. Its operations span more than 65 manufacturing facilities and over 85 offices in North America, Europe, Asia and Oceania. ATS stock (TSX:ATS) is down by 5.97 per cent on the news trading at C$40.13 as of 10:51 am ET. The stock has added 7.01 per cent year-over-year, 125.58 per cent since 2020 and approximately 200 per cent since 2015. Join the discussion: Find out what everybody's saying about this automation stock on the ATS Corporation Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
CTV News
3 hours ago
- CTV News
Montreal home sales up nearly 10% in July as overbidding leading to price increases
A real estate sign showing homes for sale is seen in Montreal on Monday, March 24, 2025. THE CANADIAN PRESS/Christinne Muschi
CTV News
3 hours ago
- CTV News
Quebecor Inc. reports $217.7M second-quarter profit, up from a year earlier
Quebecor Inc. reported its second-quarter profit rose compared with a year ago as revenues were down slightly. President and CEO Pierre Karl Péladeau speaks to media following the company's annual general meeting in Montreal on Thursday, May 8, 2025. THE CANADIAN PRESS/Christopher Katsarov MONTREAL — Quebecor Inc. reported its second-quarter profit rose compared with a year ago as revenues were down slightly. The telecommunications and media company says its net income attributable to shareholders totalled $217.7 million or 95 cents per share for the quarter ended June 30. The result compared with a profit of $207.6 million or 90 cents per share in the same period of 2024. Revenue for the quarter totalled $1.38 billion, down from $1.39 billion last year. On an adjusted basis, Quebecor says its income from operating activities amounted to 99 cents per share, up from an adjusted profit of 89 cents per share in the second quarter of 2024. Quebecor chief executive Pierre Karl Péladeau says the company continues to gain market share 'in a fiercely competitive market environment ... by offering innovative products at competitive prices, while expanding access to our state‑of‑the‑art technology for a growing number of Canadians.' --- This report by The Canadian Press was first published Aug. 7, 2025.
