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Air Canada targets EBITDA margins of 19-22 percent

Published 02/28/2019, 06:19 AM
Updated 02/28/2019, 06:20 AM
© Reuters. Air Canada signage is pictured at Vancouver's international airport in Richmond,

(Reuters) - Air Canada on Thursday forecast margins on core earnings (EBITDA) of 19 percent to 22 percent for the next three years and for the same period said it expects cumulative free cash flow of C$4 billion ($3.04 billion) to C$4.5 billion.

© Reuters. Air Canada signage is pictured at Vancouver's international airport in Richmond,

The numbers were part of new long-term financial targets for a handful of closely-watched industry metrics issued by the company on its annual investor day.

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