OTTAWA, Ontario–(BUSINESS WIRE)–CUPE 8111, which represents 196 cabin crew at Canadian North, is concerned and disappointed about the decision by the company to proceed with permanent layoffs at its Ottawa, Calgary, and Edmonton bases. Thirteen cabin crew positions will be affected.
“We are working tirelessly to minimize the impact this has on our members and we have proposed several measures – including improved retirement options and shared or reduced blocks – to prevent job losses,” said Isabelle Paquette, President of CUPE 8111.
“We remain focused on exploring all avenues to defend the livelihoods and the wellbeing of our members.”
“Zootopia 2” releases only in theatres November 26 and is featured on Air Canada’s Airbus A220
The Zootopia 2-inspired aircraft is Air Canada’s third Disney-themed livery
MONTRÉAL, Nov. 06, 2025 (GLOBE NEWSWIRE) — Air Canada today revealed a brand-new “Zootopia 2” themed aircraft livery celebrating Walt Disney Animation Studios’ highly anticipated sequel, only in theatres November 26. This special livery on an Airbus A220 aircraft, Fin 138 will be seen in the skies and at several destinations including Montreal, Toronto, Ottawa, Vancouver, Los Angeles, New York LaGuardia, Denver and Boston.
“This special livery is an exciting addition to our broader Disney relationship. It reminds us that travel, like storytelling, is about imagination, connection, and a little bit of magic,” said Andy Shibata, Vice President, Brand at Air Canada. “We’re proud to share this moment with Disney fans and families who love the adventure of travel. We can’t wait to see the movie in theatres, and to spot a special airline in Zootopia, which bears a striking resemblance to our own!”
“We’re thrilled to collaborate with Air Canada to bring the magic of ‘Zootopia 2’to new heights—literally,” said Quincy Kelman, Vice-President of Marketing for Walt Disney Studios Canada. “As Judy Hopps and Nick Wilde return to the big screen, this collaboration invites fans to embark on an unforgettable journey where storytelling meets travel, celebrating the spirit of adventure that defines both Disney and Air Canada.”
Air Canada is also giving Aeroplan Members the chance to win* a wild adventure of their own – one of two vacations to Walt Disney World Resort in Florida. Bring your pack, pride or herd and come ready to fist pump your paws and howl your heart out with Zootopia: Better Zoogether, the all-new 4D show at Disney’s Animal Kingdom Theme Park!
“Zootopia 2” is the third Disney movie-themed livery for Air Canada. In November 2023, the airline unveiled characters from Walt Disney Animation Studios’ “Wish” on one of its Boeing 787 Dreamliners, and in February 2022, the carrier unveiled an A220 livery featuring Disney and Pixar’s “Turning Red.”
“Zootopia 2” opens only in theatres on November 26. Tickets available now.
About Air Canada
Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, where members can earn or redeem points on the world’s largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers more travel choices than any other Canadian tour operator to hundreds of destinations worldwide, with a wide selection of hotels, flights, cruises, day tours, and car rentals. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft. Air Canada’s climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050.
CALGARY, AB, Nov. 6, 2025 /CNW/ – WestJet, a long-time advocate for affordable air travel, is encouraged by the government’s thoughts to unlock the economic potential through increasing the affordability of Canada’s aviation ecosystem.
“We commend the government in prioritizing aviation as we look to work together in building a more competitive, inclusive, and resilient Canada,” said Alexis von Hoensbroech, Chief Executive Officer, WestJet. “By investing strategically in airport infrastructure and workforce development, Budget 2025 aligns with our vision of a stronger, more connected and more affordable aviation sector.”
WestJet congratulated the Government of Canada for delivering its 2025 Budget, which outlines critical first steps in a forward-looking plan to improve affordability, modernize infrastructure, and increase competitiveness of Canada’s aviation sector.
Thoughtful implementation of measures such as exploring airport lease extensions, private sector investment opportunities, and strategic investment in infrastructure can reduce cost for air passengers, unlock enhanced connectivity for Canadians, and support economic growth across the country.
“We look forward to working with government and industry partners to ensure these commitments translate into meaningful benefits for Canadian travelers and communities,” adds von Hoensbroech. “We are encouraged to see the federal government taking steps that acknowledge the potential that aviation can bring to Canada. Continued collaboration will be essential to address affordability, reduce cost to travellers and drive meaningful benefits for Canadians.”
About WestJet
WestJet took to the skies in 1996 with just over 200 employees and three aircraft operating service to five destinations. Since then, WestJet has pioneered low-cost travel in Canada, cutting airfares in half, and increasing the flying population in Canada by more than 50 per cent. Following integration with Sunwing in 2025, more than 14,000 WestJetters support nearly 200 aircraft and connect guests to more than 100 destinations across North America, Central America, the Caribbean, Europe and Asia.
As a major Canadian employer that includes WestJet Airlines, Sunwing Vacations Group and WestJet Cargo, the WestJet Group is Canada’s leading low-cost airline and largest vacation provider, with a united purpose of providing affordable and accessible air and vacation travel to Canadians.
EDMONTON, AB, Nov. 6, 2025 /CNW/ – Nolinor Aviation is proudly celebrating the first anniversary of its base at Edmonton International Airport (YEG), one year after the launch of its operations in Western Canada. To mark this milestone, the company will host an official inauguration cocktail reception, bringing together guests, partners, and key decision-makers.
The opening of this base a year ago represented a major strategic step in Nolinor Aviation’s growth plan. Today, this strengthened presence in Western Canada highlights the success of its local operations and the company’s ongoing commitment to deepening its ties with regional communities and partners.
“The inauguration of our Edmonton base perfectly illustrates our vision: to be a reliable and innovative partner for our clients across the country. We remain committed to investing in the region and strengthening our role as a key player in Canadian aviation.” – Marco Prud’Homme, President of Nolinor Aviation
The celebration evening, taking place on November 20th, will showcase the core DNA of Nolinor Aviation: boldness, professionalism, and passion for aviation. Guests will enjoy a VIP experience featuring a red carpet, festive atmosphere, and the highlight of an aircraft displayed on-site. The event will also serve as a unique networking opportunity for local leaders, airport partners, and aviation professionals.
For over 30 years, Nolinor Aviation has stood out for its ability to meet the needs of corporate, government, mining, and energy clients, thanks to a diverse fleet and unmatched expertise in specialized air transport.
The celebration is a private event by invitation only.
About Nolinor Aviation
Established in 1992, Nolinor Aviation specializes in charter flights transporting passengers and cargo to remote northern destinations. Renowned for its exceptional reliability, innovative solutions, and commitment to safety, Nolinor operates a diverse fleet, notably featuring the versatile Boeing 737-200, ideal for challenging gravel and ice runways. For additional information about Nolinor Aviation and its services, please visit www.nolinor.com.
Canada’s most reliable airline posts a 99.4% completion rate and introduces new Flair FWD improvements ahead of the holiday season
Edmonton, Alberta | November 6, 2025 — Flair once again proved to be the most reliable airline in Canada in October, achieving a 99.4% completion factor and delivering exceptional operational performance and customer experience enhancements across its network.
“Reliability is constant at Flair – it’s what we do every day,” said Maciej Wilk, CEO of Flair Airlines. “But safety is non-negotiable. We’re not just meeting the standard in Canada – we’re forcing everyone else to raise theirs. When Flair performs, the entire market levels up, and fares decrease. Our drive for operational excellence doesn’t pause, and we keep pushing the limits of what great performance and customer experience mean under our Flair FWD initiative.”
Flair operated more than 2,100 flights and cancelled only 13, two of which were due to uncontrollable conditions at the Kingston, Jamaica Airport (KIN) due to Hurricane Melissa.
Flair posted strong operational metrics across the board:
On-time performance (A15): 85.2%, a four-point improvement over the same month last year
95.5% of flights departed within 60 minutes of schedule, meaning Flair’s On-Time Guarantee was rarely needed
Load factor: 88.1%, with 348,767 customers flown
CO₂ emissions: 89.38g per RPM, maintaining Canada’s lowest emissions per customer
Flair remains one of North America’s top five airlines for on-time performance and continues to outperform many competitors on operational consistency.
October also marked a period of customer-focused progress under Flair FWD, the airline’s transformation program that’s redefining what value travel should look like in Canada. While other carriers are scaling back services or adding costs, Flair continues to enhance experiences without raising fares.
Starting this December, Flair Express is redefining what easy travel feels like. Carry-on customers will breeze through the airport with faster baggage handling and seamless boarding. Passengers will also gain from increased flexibility – Flair becomes the first airline in North America to let you resell your ticket securely through Fairlyne. Add to those smarter bundles, cleaner digital tools, and total transparency every step of the way – all part of making Flair the easiest airline to fly. Flair Express: smart travel made easy.
About Flair Airlines
Flair Airlines is Canada’s most reliable and greenest airline, on a mission to make air travel affordable, accessible, and enjoyable for everyone. With a growing fleet of fuel-efficient Boeing 737 aircraft, Flair connects more than 25 cities across Canada, the U.S., Mexico, the Dominican Republic, and Jamaica. Flair FWD is our ongoing commitment to better travel—delivering smarter service, stress-free travel with Flair Express, low fares, and customer experiences that go beyond expectations.
First flight operated by the airline to southern vacation market
Porter Airlines is launching roundtrip service today between Toronto Pearson International Airport (YYZ) and Cancun, Mexico (CUN). This is the first flight operated by the airline outside of Canada and the U.S., and part of a significant expansion into southern markets that also includes the Caribbean and Central America.
5 November 2025–TORONTO–(BUSINESS WIRE)–Porter Airlines is launching roundtrip service today between Toronto Pearson International Airport (YYZ) and Cancun, Mexico (CUN). This is the first flight operated by the airline outside of Canada and the U.S., and part of a significant expansion into southern markets that also includes the Caribbean and Central America.
Porter provides all of its passengers with a distinct elevated economy experience, including free beer and wine served in glassware, as well as premium Canadian snacks, that have been part of its renowned passenger service for 19 years. The route is served with the 132-seat Embraer E195-E2 aircraft, featuring a two-by-two configuration, which means no middle seat on any Porter flight. Free, fast WiFi also comes standard – for all passengers. Priority check-in, extra legroom seats, premium pre-mixed cocktails, and fresh, healthy meals are also available with the all-inclusive PorterReserve fares, or for purchase à la carte with PorterClassic fares.
The flight schedule improves to daily service beginning in December, and is increasing up to twice daily by January. Non-stop flights to Cancun will also operate from Hamilton and Ottawa, beginning Dec. 17.
This inaugural flight kicks off Porter’s extensive winter season to sun destinations, including Mexico, the Caribbean, Costa Rica, Florida, Arizona and California.
The schedule complements Air Transat’s network in the region – as Porter’s joint venture partner, this provides travellers additional choice for destinations, travel dates and flight frequency. VIPorter loyalty program members can redeem their VIPorter points for travel on Porter and Air Transat flights to sun markets for as low as 10,000 points one way.
“Today’s inaugural Cancun flight is the start of establishing a significant presence for Porter in southern vacation markets this winter. Travellers who have long wanted the ability to fly with us to this region will now have multiple options across Mexico, the Caribbean and Costa Rica.
For 19 years, we have challenged what it means to fly economy and reset expectations in this category. Our award-winning service goes beyond offering free beer and wine; it’s about care and genuine hospitality. With Porter, your vacation begins the minute you decide to fly with us.”
– Kevin Jackson, president, Porter Airlines
“Porter Airlines’ expansion into Cancun, its first international destination, marks a major milestone for the carrier. Not only does it serve one of our most popular sun destinations, but it also increases capacity, offering travellers more choice and flexibility. As Canada’s largest airport, we recognize the importance of supporting our airline partners as they continue to grow. We are pleased to see Porter’s continued investment in Toronto Pearson, which strengthens overall connectivity and expands the range of travel options available to our passengers.”
– Kurush Minocher, Interim Chief Commercial Officer, Toronto Pearson
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com
Fourth Air Canada Café location expands airline’s growing network of grab-and-go lounges
Design inspired by aviation and Vancouver’s natural beauty
Premium space for 52 customers, offering a thoughtfully designed setting to grab a bite, work and recharge before their flight
MONTRÉAL, Nov. 05, 2025 (GLOBE NEWSWIRE) — Continuing its investment in elevating the lounge experience, Air Canada today announced the opening of its fourth Air Canada Café, bringing the premium grab-and-go concept to Vancouver International Airport (YVR).
Located in the domestic terminal between Gates C46 and C47, the new Café draws inspiration from Vancouver’s natural beauty, cultural diversity, and deep connections to the land. It offers a comfortable, locally inspired space for eligible customers to relax and recharge in the lounge – or to take a taste of the city onboard with convenient grab-and-go options.
The 2,142-square-foot (approx.138-square-metre) Air Canada Café blends local flavours with thoughtful and convenient amenities, featuring a curated selection of quintessential Vancouver cuisine, from Nanaimo bars to Asian-influenced bites, alongside a variety of self-serve beverages.
With power conveniently placed at every seat, the Café’s productivity-focused design invites travellers stay connected in comfort. Eligible customers can enjoy easy entry by scanning their boarding pass at the eGates.
“This new space is all about offering guests a thoughtful blend of modern amenities and cozy vibes, while celebrating the beauty and spirit of Vancouver,” said Jacqueline Harkness, Managing Director, Product & Services at Air Canada. “We hope the Air Canada Café becomes a go-to place for our customers to unwind and recharge, making their time at YVR even more enjoyable.”
The menu serves as a culinary tribute to Vancouver, a city shaped by its diversity, creativity, and deep connection to the land. Centred on seasonal, locally sourced ingredients, the offering brings a true sense of place to every dish.
The Café also showcases a striking series of four original works by Vancouver-based, Chinese-Canadian artist Scott Sueme, whose bold compositions blend abstract shapes, symbols, and text to evoke themes of nature, identity, and belonging. The series reflects the artist’s history as a street artist and Air Canada’s celebration of the creativity and culture that define the West Coast.
“Collaborating on the Vancouver concept for this new Air Canada Café has been a true highlight for us,” Par Bain, Director of Hospitality at, Vancouver’s Smart Design, the company that designed the café. “With design elements like the fuselage-inspired ceiling and natural curves, we crafted a space that strikes a balance between precision and organic forms, reflecting Vancouver’s unique character and the geometry of aviation.”
“We are thrilled to welcome the Air Canada Café to YVR, which enhances our lounge offering and provides another option for passengers to dine, relax and recharge,” said Benedict Ma, Director, Passenger Retail Experience at Vancouver International Airport. “The Café’s selection of local flavours and global cuisine within our sense of place to offer our customers an experience that is uniquely Vancouver and expands the opportunity for passengers to enjoy the best our city has to offer, right here at the airport.”
Key Features of the Air Canada Café at Vancouver International Airport:
Curated Food and Beverage Offerings
Grab-and-go food selections include decadent Japanese-inspired matcha and white chocolate overnight oats, Vancouver favourite Lee’s Donuts, house-made Vietnamese nems (pork and vegetable spring rolls), and a Korean crispy chicken burger
Menu selections accommodate a variety of dietary needs, with clear ingredient and allergen labelling accessible via QR code, reflecting Air Canada’s ongoing commitment to inclusivity and guest well-being
Wide beverage selection, including local craft beer and seltzer from Vancouver’s Persephone Brewing, and Nitro cold brew available on tap, along with milk alternatives including oat, almond and soy
Amenities and Space
Capacity for 52 customers in a 2,142-square-foot (approx.138-square-metre) premium space
Productivity-style seating and high-top counters for working
Power at every seat, including USB-C ports with wattage to charge a laptop
Signature Design
Created in collaboration with Vancouver-based design firm Smart Design, blending subtle aviation references with elements inspired by the city’s distinctive natural landscape
Artwork series from Vancouver-based artist Scott Sueme
Striking fuselage-inspired ceiling pays homage to flight
Space features light fixtures inspired by river rocks, designed by Vancouver-based design decorative luminaire studio A-N-D Light
Eligibility for Air Canada Café Access
The Air Canada Café at Vancouver International Airport is available to Air Canada customers travelling on a Business Class ticket, Aeroplan 50K, 75K, or Aeroplan Super Elite Status Members, Star Alliance Gold customers, and Aeroplan premium co-brand cardholders.
Air Canada Cafes are featured at Toronto Pearson International Airport, at Billy Bishop Toronto City Airport in collaboration with Aspire, at Montréal-Trudeau International Airport, and now Vancouver International Airport.
Elevating the airport experience
Air Canada continues to modernize and expand its lounge network, focusing on customer care, convenience, and comfort. By the end of 2025, the airline will have added over 500 additional lounge seats worldwide, delivering more space and amenities for travellers. This expansion builds on series of recent lounge upgrades that introduce elevated design, modern seating, and improved power access in select locations.
About Air Canada
Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, where members can earn or redeem points on the world’s largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers more travel choices than any other Canadian tour operator to hundreds of destinations worldwide, with a wide selection of hotels, flights, cruises, day tours, and car rentals. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft. Air Canada’s climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050.
MISSISSAUGA, ON, Nov. 4, 2025 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) today announced that Pauline Dhillon will assume the role of Chief Executive Officer, effective January 1, 2026.
Pauline has been a Founding Partner with the company since its inception, and during her illustrious 24-year career, she has held roles of increasing responsibility, including Vice President, Corporate Marketing & Government Affairs, Chief Corporate Officer and, more recently, Co-CEO. She has successfully overseen corporate functions including Human Resources, Finance and Information Technology, Regulatory Affairs, Strategic Customer Management, Charter Sales, Revenue Optimization, Maintenance, and Stakeholder Management. Pauline has also been instrumental in building a strong and effective leadership team to support Cargojet’s continued growth.
“Pauline’s strategic vision, deep understanding of our operations, and commitment to our customers and employees make her the ideal choice to lead Cargojet into the future,” said Ajay Virmani, Executive Chairman of Cargojet. “Pauline embodies what Cargojet stands for in every respect and has been at the forefront of building a customer-centric culture that has become the foundation of our success,” concluded Mr. Virmani.
Incoming CEO, Pauline Dhillon, commented, “I am honoured to take on this role and excited about the opportunities ahead. We have a talented team at Cargojet, and I am confident that together we will continue to deliver exceptional service to our customers and drive sustainable growth for our shareholders.”
With Pauline Dhillon at the helm, Cargojet is well-positioned to capitalize on new growth opportunities, particularly in the European and Asian markets. The company’s proven business model, strong customer relationships, and commitment to operational excellence will be key drivers of success as it expands its global footprint and taps into new high-growth markets.
About Cargojet
Cargojet is Canada’s leading provider of time-sensitive premium air cargo services to all major cities across North America, providing Dedicated, ACMI, and International Charter services carrying over 25,000,000 pounds of cargo weekly. Cargojet operates a fleet of 41 freighter aircraft.
MISSISSAUGA, ON, Nov. 4, 2025 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) today announced the upcoming retirement of Co-CEO and Founding Member Jamie B. Porteous, effective December 31, 2025. After an extraordinary career spanning more than two decades, Jamie will step down from his executive role to spend more time with family and pursue personal passions. To ensure continuity and stability, Jamie will remain with the company as Strategic Advisor until December 31, 2026, continuing to guide key relationships and support the leadership team through this important transition.
As one of Cargojet’s founding members, Jamie has been a cornerstone of the company’s growth and success. His vision, integrity, and deep understanding of the business helped transform Cargojet from a bold start-up idea into Canada’s premier air cargo carrier and a respected global brand. He has been instrumental in building enduring customer partnerships and fostering a culture defined by service excellence, trust, and collaboration.
“Working alongside Ajay Virmani, Founder and Executive Chairman, and Pauline Dhillon, Co-CEO, has been the highlight of my professional life,” said Jamie Porteous. “From our earliest days, we shared a common dream – and together, we built a truly Canadian success story from both a transportation and public company perspective. I’m immensely proud of what we’ve achieved, and deeply grateful to our incredible team, past and present, whose hard work and dedication have made it all possible. “I look forward to this next chapter – spending more time with my family and friends while continuing to support Cargojet in my advisory role and with the confidence in the continued positive stewardship and growth of the business for many more years to come.”
“Jamie’s impact on Cargojet cannot be overstated,” said Ajay Virmani, Executive Chairman. “He has been a trusted partner, a steady hand, and a true ambassador of our values. His leadership and loyalty have helped shape Cargojet’s identity and drive its growth for nearly a quarter of a century. Having Jamie remain with us as Strategic Advisor is a tremendous advantage – his insight, experience, and relationships will continue to guide our team as we build on the foundation he helped create. We thank Jamie for his unwavering dedication, wish him and his family every happiness in this next chapter, and look forward to his continued counsel and friendship.”
In conjunction with this announcement, Cargojet has issued a separate release introducing its new Chief Executive Officer.
About Cargojet
Cargojet is Canada’s leading provider of time-sensitive premium air cargo services to all major cities across North America, providing Dedicated, ACMI, and International Charter services carrying over 25,000,000 pounds of cargo weekly. Cargojet operates a fleet of 41 freighter aircraft.
Canada’s leading air cargo carrier delivers robust profitability and cash flow in a period of unprecedented volatility
MISSISSAUGA, ON, Nov. 4, 2025 /CNW/ – Cargojet Inc. (“Cargojet” or the “Corporation”) (TSX: CJT) today announced financial results for the third quarter ended September 30, 2025.
“The resilience of Cargojet’s business model was proven this quarter as our core Domestic Network revenue increased by more than 6% year-over-year. Despite near-term macroeconomic headwinds impacting our ACMI and Charter lines of business, we remain optimistic that international trade will stabilize and find new norms in the longer term, and we will continue to pursue new opportunities as a result.” said Jamie Porteous, Co‑Chief Executive Officer.
“We delivered a robust EBITDA margin of 32.0% and free cash flow of $152.4 million in the third quarter of 2025, up 219% year-over-year as a result of our disciplined approach to cost and capital management. Our clear focus remains on exceptional reliability and service to our customers, which we believe is the key to long-term success through challenging times,” said Pauline Dhillon, Co-Chief Executive Officer. “I want to sincerely thank each of our incredible Cargojet team members who deliver that exceptional customer service every day.”
For the third quarter ended September 30, 2025:
Total revenues were $219.9 million, a decrease of $25.7 million or 10.5% compared to the same period of the previous year, supported by a $5.9 million or 6.3% year-over-year increase in domestic revenue, more than offset by declines in ACMI and Charter revenues driven primarily by macroeconomic conditions.
Free Cash Flow was $152.4 million, an increase of $104.6 million or 218.8% compared to the same quarter last year primarily driven by an increase in cash flow from operations of $15.9 million and an increase in proceeds from disposal of property, plant and equipment and assets held for sale, net of purchases, of $88.7 million.
Adjusted EBITDA margin of 32.0%, down 1.5% compared to the same quarter last year, primarily driven by lower net earnings impacted by declines in ACMI and Charter revenues driven primarily by macroeconomic conditions.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $70.4 million, a decrease of $11.8 million or 14.4% compared to the same quarter of the previous year primarily driven by lower net earnings impacted by declines in ACMI and Charter revenues driven primarily by macroeconomic conditions.
Net earnings of $8.8 million, a decrease of $20.9 million or 70.4% compared to net earnings of $29.7 million for the third quarter of 2024 impacted by declines in ACMI and Charter revenues driven primarily by macroeconomic conditions.
