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Stocks in play: Air Canada

Baystreet.ca

Is suspending all financial guidance it provided on February 15, 2019 and February 28, 2019 in respect of the 2019 financial year. The financial guidance provided for the years 2020 and 2021 with respect to annual EBITDA margin (earnings before interest, taxes, depreciation, amortization and impairment, as a percentage of operating revenue) and annual ROIC (return on invested capital) as well as the cumulative free cash flow over the 2019-2021 period remains in place. Air Canada continues to adapt a contingency plan to address the evolving situation and will provide updates as developments warrant. Air Canada shares T.AC are trading down $0.57 at $31.32.