MONTRÉAL, July 3. 2025 / CNW/ – Air Canada (TSX: AC) has reimbursed a debt of a capital of 274.2 million US dollars, representing all of its first -row tickets convertible to 4,000 % necessary in July 2025 in progress (“tickets”), for a total sum of around 279.6 million US dollars (381.6 million Canadian dollars), including short interests. Tickets were canceled for refund.
Thanks to the cash reimbursement of tickets to their expiration by Air Canada as well as to the public supply of significant redemption of $ 500 million Canadian dollars which it recently achieved, Air Canada has crossed more steps towards the achievement of its objectives aimed at reducing the number of shares after dilution to bring it to less than 300 million by 2028, creating value for shareholders while investing in growth in the means of a distribution strategy balanced long -term capital.
Warnings concerning prospective statements
This press release contains prospective statements within the meaning of the applicable securities laws. Prospective statements arise from analyzes and other information based on the forecast of future results and the estimation of amounts that it is currently impossible to determine. They can relate to observations concerning, among other things, forecasts, strategies, expectations, projected operations or future actions. Prospective statements recognize themselves in the use of terms such as “preliminary”, “predict”, “believe”, “power”, “estimate”, “project” and “plan”, in particular employed in the future and the conditional, and other similar terms, as well as the evocation of certain hypotheses. These statements also include statements about Air Canada’s target for 2028 targeting the number of actions after dilution and other Air Canada targets.
As, by definition, prospective statements start from hypotheses, including those described herein, they are subject to important risks and uncertainties, which are amplified in the current context. The realization of prospective statements remains subject, in particular, to the possible occurrence of external events or to the uncertainty which characterizes the sector where Air Canada evolves. Real results can therefore differ significantly from the results mentioned by these forward-looking statements due to various factors, among others those which are mentioned below below.
The factors which could ensure that the results differ significantly from those indicated in prospective statements include economic conditions, declarations made or measures taken by governments in terms of taxation (or tax threats) of Canadian export or import prices, the uncertainty relating to it and the related implications on Canadian, North American economies, For travel, the geopolitical context, such as military conflicts in the Middle East and between Russia andUkraineAir Canada’s capacity to identify or maintain net profitability, the state of the sector and the market and the context influencing demand, competition, Air Canada dependence on technologies, cybersecurity risks, service interruptions, climate change and environmental factors (including meteorological systems and other natural phenomena, and anthropic factors) Air Canada with regard to key suppliers (including government organizations and other stakeholders supporting airport and air exploitation activities), labor relations and related costs, Air Canada capacity to effectively implement timely strategic initiatives and other important initiatives (including its ability to manage operating costs), energy capacity, Its debts and to preserve or increase liquidity, Air Canada’s dependence on regional carriers and others, Air Canada’s capacity to recruit and preserve qualified personnel, epidemics, the evolution of legislation, regulations or legal proceedings, terrorist attacks, armed conflicts, Air Canada capacity to successfully exploit its loyalty program claim, Air Canada’s dependence on Star Alliance partnersMD And joint ventures, Air Canada’s capacity to preserve and grow its brand, current and possible disputes with third parties, fluctuations in exchange rates, limits imposed under restrictive clauses, insurance issues and the costs associated with it, obligations under retirement plans, as well as the factors which are mentioned in the public information file www.sedarplus.ca, especially in section 18, “risk factors”, the 2024 management report of Air Canada and in section 14, “Risk factors”, the management report of the first quarter of 2025 ofAir Canada.
The prospective statements contained in this press release represent the expectations of Air Canada dated this press release (or on the specified date of their formulation) and they can change later. However, Air Canada has neither the intention nor the obligation to update or revise these prospective statements in light of new elements of information or future events or for some other reason, unless it is held by the regulation in the applicable securities.
About Air Canada
Air Canada is the largest airline in Canadathe country’s national carrier and a co -founder member of the Star Alliance network – the largest global grouping of airlines. Regular air Canada lines connect more than 180 airports in the Canadain the United States and abroad on six continents. Air Canada holds the four -star coast of Skytrax. The Air Canada Airplan program is the main loyalty program of Canada In terms of travel, by offering its members the possibility of accumulating or exchanging points with the largest world network of partner carriers – 45 – and with its retailers, hotel and vehicle rental partners. Through the Air Canada vacation, the company offers more choices than any other Canadian tour operator for hundreds of destinations around the world, with a wide selection of hotels, flights, cruises, excursions and vehicle rentals. Air Canada Cargo, Air Canada Fret Division, has the car capacity and connectivity to serve hundreds of destinations on six continents using passenger flights and all-cargo flights from Air Canada. Air Canada’s climatic ambition includes a long -term aim which aspires to achieving zero greenhouse gas emissions by 2050. To find out more, consult the documentation of the Air Canada GIFCC. Air Canada shares are negotiated on the market on the scholarship Toronto (Tsx) I Canada And on the OTCQX platform in the United States.
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