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 > Airlines : slight changes to premium products

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Comment by JuIieRichardson Mar 04, 2024 10:23pm

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Post# 35914892

RE:Airlines : slight changes to premium products

Surprise, surprise. No, not a surprise at all. This has been discussed extensively on Stocktwits board. Air Canada with its leading edge Aeroplan for US and Canada clients is working this trend and investing deeply in this. It's not a short term thing. The days of bus travel by air are over. Experience driven, well heeled clients want premium spaces, especially for long haul flights. There will be fewer base economy seats in the future.. Or maybe on Son of Lynx.

Tempo1 wrote:
From a CNBC article about the American new order.

Airlines have been grappling with high demand for first class and other premium seats as more customers rack up points with credit cards and appear willing to shell out for more space on board.

American said on Monday that it expects about 80% of its revenue this year to come from “premium content,” meaning products beyond the cheapest tickets, and its loyalty program, up from a 70% share in 2017.