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Air Canada T.AC

Alternate Symbol(s):  ACDVF

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

Bullboard Posts
Post by AvInvestoron Nov 28, 2016 3:18pm
170 Views
Post# 25523428

Lufthansa strike effect on q4

Lufthansa strike effect on q4https://www.reuters.com/article/us-lufthansa-unions-idUSKBN13M0AX


Strike looks more and more concerning. AC still feeds quite a bit into LH's market, so this will have an impact on AC operations. I'm sure they're working on re routing traffic via other star alliance hubs, but it still poses a problem. I hope this will have limited impact on q4 results,but by the looks of it, the strike will persist further. German courts blocked LH's injunction to stop strike today. Stay tuned. 

On that note, one could say that AC planners look brilliant by divesting feed from FRA and MUC towards more direct routes. Further testament towards the resiliency of the executive and commercial team! 
Bullboard Posts