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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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Post by 54568546846357on Nov 27, 2018 5:24am
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Post# 29025491

Anyone had estimates on impact of AC absorption of workforce

Anyone had estimates on impact of AC absorption of workforceWe are reading approx 1000 employees switching over to AC. My understanding is alot of these a senior, have determined pensions, are high paying jobs. It looks like the takeover of workforce was someone negotiated with the deal, probably to save Aimia Inc from paying severance packages. Does AC have the need for these 1k employees? What kind of synergy can we expect from the absorption? Is there tech Aimia was leveraging that AC can scale up?
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