Air Canada Exec Says Does Not Expect To Fully Recover The Incremental Cost Related To Fuel Increase In Q4 -Conf. Call

Oct 29 (Reuters) - Air Canada AC.TO:

• AIR CANADA EXEC SAYS DOES NOT EXPECT TO FULLY RECOVER THE INCREMENTAL COST RELATED TO FUEL INCREASE IN Q4 -CONF. CALL

• AIR CANADA EXEC: WINTER DEMAND REMAINS RESILIENT ACROSS MOST GEOGRAPHIES DESPITE SOME PRESSURE IN DOMESTIC MARKET

• AIR CANADA EXEC: HAVE PROACTIVELY REMOVED MORE THAN TWO POINTS A PLANNED CAPACITY FROM Q1 OF 2027

• AIR CANADA EXEC: WILL CONTINUE TO PROACTIVELY ADJUST CAPACITY, FARES TO PROTECT MARGINS OVER COURSE OF YEAR

• AIR CANADA EXEC: AIRBUS XLR JET DELIVERING MORE FAVORABLE MARGIN PROFILE

• AIR CANADA EXEC: CONTINUE TO ACCELERATE NUMBER OF CORE COMMERCIAL PRIORITIES TO SUPPORT REVENUE GENERATION INTO 2027

• AIR CANADA EXEC: OUR COMMERCIAL ACTIONS CONTINUE TO OFFSET MEANINGFUL PORTION OF HIGHER FUEL COSTS

• AIR CANADA CFO: OUR CAPITAL ALLOCATION PRIORITIES REMAIN UNCHANGED

• AIR CANADA CFO: FUEL REMAINS THE LARGEST VARIABLE IN OUTLOOK

• AIR CANADA CFO: HAVE NARROWED CAPACITY, COST RANGES TO REFLECT LIMITED VARIABILITY IN Q4 WHILE KEEPING ROOM FOR FUEL VOLATILITY

• AIR CANADA CFO: WE STILL EXPECT TO REACH PRE-PANDEMIC CAPACITY LEVELS IN 2027

• AIR CANADA EXEC: MARGINS SLIGHTLY HIGHER FOR US RIGHT NOW COMPARED TO DOMESTIC MARKET

• AIR CANADA EXEC: ALSO REEVALUATING ULTRA LONG HAUL PART OF BUSINESS THAT'S BIT MORE EXPOSED TO HIGHER FUEL PRICES

Further company coverage: AC.TO