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

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Post by aaronh8on Feb 11, 2015 8:20am

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Post# 23417165

Air Canada achieved its best full year financial performance

"In 2014, Air Canada achieved its best full year financial performance in the Corporation's 77-year history," said Calin Rovinescu, President and Chief Executive Officer. "Adjusted net income was $531 million, representing an increase of 56.2 per cent year-over-year. EBITDAR increased 16.6 per cent from the previous year. Fourth quarter EBITDAR of $319 million increased $42 million compared to EBITDAR for the previous year's quarter, excluding benefit plan amendments.
Read more at https://www.stockhouse.com/news/press-releases/2015/02/11/air-canada-reports-record-full-year-2014-results#RHK5mB30AQDJpYFh.99

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