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 > Another interest rate hike coming soon?

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Comment by Bullvsbear99on Jul 28, 2023 4:33pm

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Post# 35562332

RE:Another interest rate hike coming soon?

You do realize that most airlines are flying airplanes at full capacity and tickets are usually bought weeks and months in advance.

The biggest age group that are traveling are retired baby boomers and those close to retirement. Both groups mentioned above are mortgage free.

Interest rate hike is helping then make more in there retirement fund. Rate increase is giving them more money to travel and enjoy their golden years. Because of covid these groups didn't travel for and now they are traveling alot and in large numbers.

It is you who should be praying.