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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Bullboard Posts
Post by bnwon Nov 08, 2012 7:35am
232 Views
Post# 20575346

Results have been posted

Results have been posted

3rd Q results are in.  Profit of $429 million or $ 1.54 per share vs previous year loss for the quarter of $ 14 million or -$ .45 per share.  Revenues of $ 3.32 billion vs Q3 2011 of $ 3.24 billion.  EBITAR (R being aircraft rent) was $ 678 million vs $ 535 million a year earlier.  Passenger growth was 3.1%.  Cash and short term investments stand at $ 2,196 million.  Debt of $ 4,268 million is a decrease of $ 308 million from December 2011.  This stock should take off.

Bullboard Posts