14:47:19 EST Tue 03 Mar 2026
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or Name
USA
CA



Air Canada
Symbol AC
Shares Issued 293,473,168
Close 2026-03-02 C$ 19.25
Market Cap C$ 5,649,358,484
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Globe says Air Canada shut out of Middle East

2026-03-03 08:43 ET - In the News

The Globe and Mail reports in its Tuesday edition that the global economy is feeling ripple effects of the U.S.-Israel war on Iran. A triple-bylined item led by Erica Alini reports that the risk of a prolonged standoff could affect Canadian consumers and investors. The strikes have severely disrupted travel through Dubai and Abu Dhabi in the United Arab Emirates, as well as in Doha, Qatar. The three cities are global transit hubs that connect Asia, Europe, Africa and North America. As of Monday evening local time, UAE airports had resumed a limited number of flights to take stranded passengers to their destinations, while Qatar's airspace remained closed. Major airlines, including Air Canada, have adopted flexible policies that allow passengers who are set to travel through airports affected by the conflict to rebook their flights at no cost or obtain refunds within certain dates. Air Canada also said in a Monday that it had cancelled flights from Canada to Israel and Dubai until March 22, with service resuming the day after. The conflict has prompted Ottawa to issue what are known as Level 4 advisories urging Canadians not to travel to countries including Iran, Israel, the UAE, Qatar, Kuwait and Bahrain.

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