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.

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Air Canada > Rates link to travel demand

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Post by stockitnowon Jan 10, 2023 10:14am

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Post# 35213213

Rates link to travel demand

According to global news article 30% of Canadians have their house mortgage free. I am assuming these are retired or close to retiring group.

These are the same group which will be doing more leisure travel and are fed up of covid restrictions from past few years.

Rate increase will have minimum impact on this group, and watch the summer travel number goes up.

And of course not all are suffering from inflation and they will also continue to travel.

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