Air Canada
Air Canada (TSX: AC) is trading at CA$27.34, about ₹1,860 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 5.59% today. Indian residents can buy Air Canada from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$26.03
Today's high
CA$28.81
52 week low
CA$16.45
52 week high
CA$31.45
AC opened at CA$28.79, closed previously at CA$28.96, and has traded between CA$16.45 and CA$31.45 over the past 52 weeks.
About
Air Canada functions as a full-service airline, providing an array of flights across Canada, over the U.S. border, and to various international destinations. The company delivers scheduled passenger services through its primary Air Canada brand, along with its Air Canada Vacations and Air Canada Rouge subsidiaries, serving domestic, Canada-U.S. transborder, and global routes from and to Canada. Additionally, it expands its network by utilizing capacity purchase agreements with other regional carriers. As of December 31, 2021, Air Canada maintained a significant fleet: its mainline operations comprised 175 aircraft (97 Boeing and Airbus narrow-body jets, and 78 Boeing and Airbus wide-body planes); the Air Canada Express division operated 123 aircraft (including 50 Mitsubishi regional jets, 48 De Havilland Dash-8 turboprops, and 25 Embraer 175s); and Air Canada Rouge employed 39 aircraft (specifically 14 Airbus A321s, 5 Airbus A320s, and 20 Airbus A319s). Beyond passenger transportation, the company also offers air cargo services on domestic, U.S. transborder, and international routes connecting Canada with markets in Europe, Asia, South America, and Australia. Furthermore, Air Canada is involved in the creation, promotion, and sale of vacation travel packages to popular regions such as the Caribbean, Mexico, the United States, Europe, Central and South America, the South Pacific, Australia, and Asia. It also arranges cruise packages across North America, Europe, and the Caribbean, and manages travel loyalty programs. Established in 1937, Air Canada's corporate headquarters are situated in Saint-Laurent, Canada.
Key statistics
Avg. volume
2.68M
Market cap
CA$7.85B
P/E Ratio
19.25
Price-to-sales ratio
0.33
Enterprise value
CA$16.13B
Free cash flow yield
12.87%
Debt-to-equity ratio
4.78
Return on equity
16.92%
ROIC
1.57%
Beta
1.66
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$22.37B
Earnings per share
CA$2.07
Free cash flow
CA$747.00M
Net profit margin
1.82%
Gross margin
29.32%
EBITDA
CA$3.41B
Revenue growth
0.53%
Similar securities
This is not an investment recommendation
How to buy Air Canada from India
Indian residents can buy Air Canada shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Air Canada and place an order
Find Air Canada by name or by its ticker, AC, and choose an order type. Air Canada trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Air Canada position in CAD and INR. Air Canada pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Air Canada from India
Trading and taxes when buying Air Canada from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneAir Canada does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Air Canada stock?
Yes. Air Canada (AC) has been listed on the Toronto Stock Exchange since 2010, in the Airlines, Airports & Air Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Air Canada share cost in rupees?
One Air Canada share is CA$27.34 — about ₹1,860 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Air Canada price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Air Canada from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Air Canada shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Air Canada price. Paasa issues a capital-gains statement for your return.
Does Air Canada pay a dividend?
No. Air Canada does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Air Canada from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Air Canada shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Air Canada holding, its cost and its closing value.
How do I sell Air Canada and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Air Canada?
Yes. Air Canada is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.