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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
Comment by jjwilsonon May 04, 2020 11:57am
193 Views
Post# 30983782

RE:RE:RE:Transat

RE:RE:RE:Transat "They don't need more capacity and it would be an awful big cost and headache just to eliminate a leisure competitor ."

Transat does have 20 (?) A330s and some (don't know how many) A321s and A321Neos.

Of course the world airliner market has changed considerably in the last few months but last year these aircraft were highly desirable.  Desirable because of their efficiency.  There might be some benefit in taking on the headache with an eye toward the future.  Coming out of this with a modern and highly efficient fleet is a worthwhile goal.  The announcement about retiring the A319 and B767 seems to be in line with this goal.  Having no B767 sized aircraft in the fleet will leave a big hole - a hole that an A330 fits into perfectly.  Of course, there are probably many opportunities to get these aircraft elsewhere at the moment.
Bullboard Posts