Air Canada announced it will launch year-round nonstop service between Vancouver and Guangzhou starting May 4, 2027, with three weekly flights on Boeing 787-9 aircraft, making it the only North American carrier flying directly to Guangzhou. This move marks the first entry of a North American airline into the Guangzhou market, competing with China Southern's hub.
Air Canada announced five new international nonstop routes for summer 2027, including Vancouver-Guangzhou, Toronto-Oslo, Toronto-Shannon, Montreal-Basel, and Montreal-Dubrovnik, plus a new Toronto-Nice route.
Air Canada is selling a 25% stake in its Aeroplan loyalty program to a Blackstone-led group for C$2.5 billion, implying a C$10 billion valuation—higher than Air Canada's own market cap. The airline retains 75% and full control, with an option to buy back between years five and eight. The deal settles August 17, with proceeds partly repaying a US$1.2 billion bond.