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3-May-2016 10:44 AM

Air Canada remains on track to meet key financial targets

Air Canada confirmed (29-Apr-2016) it remains on track to meet or exceed the following key financial targets:

  • Annual EBITDAR margin of 15% to 18% over the term of 2016-2018;
  • Year-over-year ROIC of 13% to 16% over the term of 2016-2018;
  • A leverage ratio not exceeding 2.2 by 2018.

Air Canada also remains committed to reducing unit costs by 21%, excluding the impact of foreign exchange and fuel prices, by the end of 2018 compared to 2012. [more - original PR]

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