15-03-2019 12:55 via ctvnews.ca

Air Canada suspends financial guidance after planes grounded

MONTREAL - Air Canada is suspending its financial guidance for this year following the decision by regulators in Canada and the United States to ground the Boeing 737 Max aircraft until further notice. The airline says in light of the uncertainty, it is suspending the guidance it provided last month for its 2019 financial year. Air Canada says its guidance for the years 2020 and 2021 for annual EBITDA margin and return on invested capital, as well as the cumulative free cash flow over the 2019-2
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