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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
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Comment by 6npluson Aug 02, 2011 4:02pm
269 Views
Post# 18896193

RE: tax refunds

RE: tax refundsthis is a US issue but AC does a lot of flights to the US. I don't see AC giving back any of the taxes collected. The following is about DAL

"Delta Air Lines said Wednesday it's getting an extra $4 million to $5 million a day — great news for Delta investors"

https://www.cnbc.com/id/43919466 there are plenty of articles with regards to this issue. I find it unbelieveable that the FAA collects more than all the airlines make collectively make in any given day. I do not think the airline industry profits are anywhere near 30 million a day :(

Anyways if they do not resolve this before the break it will take upto 6 weeks before this can be corrected and airlines will reap the benifit.


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