Air Canada. (The Canadian Press)

Hampered by international restrictions, Air Canada sees domestic sales nudge up

Air Canada predicted last month it would bleed about $20 million per day in the second quarter

Air Canada’s chief financial officer says the airline is starting to see “some improvement” in domestic bookings, but that international travel will only improve when governments start to lift travel restrictions.

Michael Rousseau told investors at a National Bank event that leisure travel within Canada is the first area to see an uptick as interprovincial travel barriers are scaled back.

He expects domestic business trips to pick up as early as September, followed by international leisure and business travel, but said the lucrative summer European market is passing the company by this year.

Air Canada predicted last month it would bleed about $20 million per day in the second quarter as border shutdowns and tanking travel demand persist due to the COVID-19 pandemic.

Rousseau says the airline does not expect passenger numbers to return to pre-pandemic levels until 2023.

Ottawa continues to require passengers returning from abroad to self-isolate for two weeks, with the number of international travellers down by 97 per cent year over year at the start of this month, according to the Canada Border Services Agency.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

Air Canada

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

RCMP ask for help to find missing Chilliwack teenager

Eighteen-year-old Abigail Amber Peters Swan was last seen in Abbotsford

Financial literacy program expands across the Fraser Valley

Big Brain Literacy Program aims to help folks thwarted by the pandemic and in need of budgeting help

Chilliwack’s Fred McMurrer receives Sovereign’s Medal for Volunteers

The Chilliwack man has selflessly devoted thousands of hours to unpaid volunteerism

Missing Maple Ridge man’s car found in Harrison

Michael Denham has been missing since June 27

UFV grads of 2020 honoured in innovative ways

No convocation ceremony due to pandemic, but grads receive ‘celebration box’

B.C. records 31 new cases, six deaths over three days due to COVID-19

There are 166 active cases in B.C., 16 people in hospital

B.C. homeowners plead for action on condo insurance crisis

Strata property fees growing bigger than mortgage payments

Indigenous man behind complaint of BC Transplant’s alcohol abstinence policy has died

David Dennis, who is Nuu-chah-nulth, argued that six-month sobriety policy is a ‘lethal form of racism’

ICBC to resume road tests in July with priority for rebookings, health-care workers

Tests have been on hold for four months due to COVID-19

Urge travellers to follow COVID-19 rules in a ‘gentle way’: B.C.’s top doctor

Cases surging in the U.S. have B.C. officials hoping the border stays shut all summer

Fraser Valley Bandits complete 2020 coaching staff

Four names added for the 2020 CEBL season, which begins on July 26 for the club

Pubs accused of ‘negligently’ serving alcohol before Surrey traffic crash

The case concerns an Aug. 2, 2015 single-vehicle crash

96-year-old woman scales B.C. butte with help of family, friends

‘I did as I was told and I enjoyed every minute of it’

Parallel crises: How COVID-19 exacerbated B.C.’s drug overdose emergency

Part 1: Officials say isolation, toxic drug supply, CERB, contributing to crisis

Most Read