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 > Delta lifts profit forecast

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Comment by Returns2021on Jun 27, 2023 1:16pm

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Post# 35516682

RE:Delta lifts profit forecast

You only wished you had DAL. AC is a DUD. DAL is maximizing profits. AC is losing money. Big difference

Veecee1 wrote: Troll farm will be closing up shop soon AC shaft is coming soon by way of revised upward guidance ...

Delta Air Lines on Tuesday raised its second-quarter forecast and estimated full-year adjusted earnings of $6 a share, at the high end of estimates it gave last April as strong travel demand and trade-ups to more expensive fare classes continue to drive growth.

Delta forecast adjusted earnings per share of $2.25 to $2.50 for the second quarter, up from a previous range of $2 to $2.25 a share. CEO Ed Bastian said the company’s second-quarter earnings, which it is scheduled to report next month, could be its highest ever for the April-June period.

“The demand as you know, as anyone that’s traveling knows, is off the chain,” Bastian said in an interview with CNBC

"Returd who's mental wouldn't know as he doesn't travel"

But in addition to resilient demand, airlines are also enjoying jet fuel prices that are down about 30% from a year ago.