16-May-2018 2:55 PM

Air Canada target more ambitious goals for 2018 to 2020

Air Canada stated (15-May-2018) it is aiming for more ambitious targets for the "next level of performance improvement", citing the following 2018-2020 targets:

  • Annual EBITDAR margin: 17% to 20%;
  • Annual ROIC: 13% to 16%;
  • Free cash flow: CAD2.0 billion (USD1.6 billion) to CAD3.0 billion (USD2.3 billion);
  • Leverage ratio: 1.2 by the end of 2020. [more - original PR]

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