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 islandbrookon Jul 15, 2019 11:41am

208 Views

Post# 29920778

All Time Daily New Highs

THe fact that Air Canada continues its buyback program during a period when the stock is hitting daily all time highs is significant and I believe very bullish going forward. It means that passenger demand, ticket pricing,fuel costs and the grounding of the 737 Max is having little or no negative affect on results. Since the new buyback program has started,AC has purchased and redeemed 1,610,000 shares.

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