Air Canada expects record September, October revenue as premium demand shifts into shoulder season

Air Canada expects its revenue in September and October to be the strongest on record for those months, as premium and corporate travellers shift away from peak-summer congestion and heat in Europe and Japan. The outlook from Montreal-based Air Canada points to a late-year demand pattern that could lift fall performance in premium cabins and support stronger network yields.

Chief commercial officer Mark Galardo linked the outlook to changing travel behaviour, with higher-spending passengers moving into the shoulder season. The carrier is not reporting realised monthly results, but projecting record revenue for the two months ahead.

The forecast comes alongside a broader reassessment of Air Canada’s full-year earnings outlook. The airline has reinstated its annual core profit guidance and narrowed the range to C$2.9 billion to C$3.2 billion for 2026, below earlier expectations after cost pressures weighed on the prior forecast. The combination of stronger premium demand and tighter profit guidance underscores the uneven revenue environment airlines are navigating this year.