👉Air Canada has reduced its full-year core profit forecast due to intense global competition and over-capacity in certain markets. The airline cited lower-than-expected load factors and a highly competitive international market affecting its pricing power. For 2024, Air Canada now anticipates adjusted EBITDA between C$3.1 billion and C$3.4 billion, down from the previous estimate of C$3.7 billion to C$4.2 billion. Preliminary second-quarter operating revenue rose 6% year-over-year to C$5.5 billion, slightly below analyst expectations. The airline also projects second-quarter operating income to be C$466 million, a decline from C$802 million the previous year.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #AirCanada #ProfitOutlook #AviationNews #GlobalCompetition #AirlineIndustry #TravelDemand #FinancialForecast #mnm #malayalisnearmeapp #canadaupdate #canadanews