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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Comment by jjwilsonon May 22, 2020 1:50pm

148 Views

Post# 31061894

RE:RE:RE:Air Canada subsidiary - TCC

fraudhunter wrote: Rousseau confirmed at the Wolfe Conference, past Tuesday that the pension surplus was ay $2.7B.

Even better, thanks for the updated info.

Even though a pension surplus has only a secondary effect on the financial health of the company, by not having to make any contributions, it is interesting that the near death experience of 2008-2009 was due to pension shortfall and required contributions. At least that's one thing we don't have to worry about.

I am very impressed with the performance of the managers at TCC and would expect they will draw the attention of potential clients.

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