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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 GolongGekkoon Nov 10, 2017 1:11pm
147 Views
Post# 26940995

Letco in English...FYI Best GG

Letco in English...FYI Best GG
 When the Montreal asset management firm Letko Brosseau decided to invest in Air Canada during the financial crisis in 2009, few people were interested in the action of the air carrier, which was worth a dollar. Letko Brosseau saw an opportunity this price and bought 23 million shares. After more than doubling this stake over the years to nearly 50 million shares, the time has come for the largest shareholder of Air Canada to cash a portion of its profits while the action comes to fring the $ 30 bar on the stock market. Letko Brosseau revealed Thursday in a document filed with the stock market authorities that she had sold for a hundred million dollars of shares of Air Canada during the last two months. A block of shares valued at $ 9 million was released during the October 26th meeting, a few days after the record high of $ 28.70.
Bullboard Posts