An Air Canada 787-9 veered off the runway at Montreal-Trudeau with 162 aboard. No injuries reported. The incident tests the carrier's safety record during peak summer travel season.
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An Air Canada Boeing 787-9 carrying 156 passengers and six crew veered off the runway after landing at Montreal-Trudeau airport Monday evening. The aircraft stopped on grass beside the taxiway. Nobody was injured.
The carrier described the landing as routine in clear weather. The Transportation Safety Board opened an investigation. Air Canada did not say when the plane would return to service.
Runway excursions are uncommon in Canadian commercial aviation. The last notable incident was a 2015 Air Canada Jazz overrun in Halifax, which led to tighter pilot training protocols. Monday's event falls into a category insurers treat as serious but not catastrophic. Premiums for the sector have edged higher since 2023, driven partly by a global uptick in runway incidents, data from Lloyd's syndicates shows.
The immediate financial hit for Air Canada is contained. The 787-9 is covered under standard hull and liability insurance. Deductibles typically run between $5 million and $10 million for a plane of that value, analysts at a Montreal-based brokerage said. The bigger risk is reputational. Air Canada is entering its peak summer schedule. Any operational disruption could shift passenger traffic to WestJet or Porter Airlines, the brokerage said.
Regulatory scrutiny also looms. The Transportation Safety Board report, due in nine to 12 months, may recommend changes to landing procedures at Montreal-Trudeau. The airport's two runways are shorter than the North American average, a factor the board cited in a 2018 study of excursion risks. That study recommended better braking-action reports and runway-end safety areas. Monday's incident will test whether those recommendations were implemented.
Investors reading into the sector should note the wider context. North American carriers have logged 11 runway excursions this year, versus eight at the same point in 2025, Federal Aviation Administration data shows. The uptick follows a period of heavier air traffic and shorter crew rest intervals. Some pilots' unions have pressed for changes in scheduling rules. No major overhaul has happened.
Air Canada stock fell 1.8% in after-hours trading Monday. The broader airline index was unchanged. The sector's safety premium – the extra margin insurers charge for airlines with recent incidents – typically takes quarters to adjust, not days. No immediate repricing is expected.
The Transportation Safety Board's investigation continues. No date has been set for the release of its findings.
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