Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

Air Canada > AC Q3 Earnings Call Transcript - courtesy of Seeking Alpha

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Comment by TradeForexon Nov 03, 2021 4:21pm

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Post# 34083920

RE:AC Q3 Earnings Call Transcript - courtesy of Seeking Alpha

It looks like the 767 freighter fleet has increased to 8 aircraft from the previously mentioned 7 aircraft

OnTheBalance wrote:

The second strength is Air Canada Cargo, which like Aeroplan is also proving itself to be an important revenue generator. Air Canada Cargo will soon take a transformational step with your arrival later this quarter of the first of a plan eight dedicated freighter aircraft.

Last few months have not only shown cargos value and diversifying our revenue, but demand for services can be expected to continue due to the increase e-commerce demand and persistent bottlenecks and other cargo modes.