Globe and Mail has article today about Air Canada below:https://www.stockwatch.com/
Globe/AP say Air Cda told U.S. airlines still begging
2020-10-13 09:05 ET - In the News
Also In the News (C-ONEX) Onex Corp
Also In the News (C-TRZ) Transat AT Inc
The Globe and Mail reports in its Monday edition that the airline industry has been shaken to its core by the pandemic, pushing some foreign carriers into bankruptcy and driving a few small U.S. ones out of business. An Associated Press dispatch to The Globe says that leaders of the large airlines were stunned when Boeing's chief executive officer predicted during a nationally televised interview that some of them would fail, too. Nicholas Calio is adamant that will not happen. Mr. Calio is a long-time Washington hand who served in two White Houses, and he is now the president and CEO of Airlines for America, or A4A, a lobby group consisting of the big U.S. passenger and cargo airlines. These days, Mr. Calio's time is taken up lobbying for billions of dollars in taxpayer relief that he says is necessary. The airlines are looking for second helpings. In March, Congress and the White House gave them $25-billion plus access to another $25-billion in low-interest loans (all figures U.S.). Critics say giving them $25-billion more now is undeserved. The airlines, they say, should have saved more money when they were making record profits instead of spending heavily on executive compensation and buying back their own stock.
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.....................................................Tue 13 Oct 2020
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| AC - T | 0.4 | 15.78 | · | 15.79 | 1.1 | 15.78 | -0.31 | -1.9 | 5,761.7 | 91,514 | 30,037 | 16.30 16.96 15.575 | 52.71 9.26 | 16:21:39 | 09:05 | 15 min RT 2¢ |
| TSX - T | 0.4 | 15.78 | · | 15.79 | 1.1 | 15.78 | -0.31 | -1.9 | 3,361.2 | 53,374 | 14,523 | 16.30 16.33 15.58 | 52.71 9.26 | 16:21:39 | | 15 min |
| Alpha - A | | 15.77 | -0.32 | -2.0 | 648.2 | 10,286 | 2,375 | 16.24 16.30 15.58 | | 15:59:54 | | 15 min |
| NEO ATS - U | | 15.77 | -0.32 | -2.0 | 459.9 | 7,314 | 2,767 | 16.23 16.24 15.58 | | 15:59:31 | | 15 min |
| Chi-X - X | | 15.77 | -0.32 | -2.0 | 351.9 | 5,608 | 2,424 | 16.26 16.29 15.58 | | 15:59:27 | | 15 min |
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| TSX - T | 0.1 | 61.03 | · | 61.49 | 0.1 | 61.30 | +0.23 | 0.4 | 208.3 | 12,741 | 999 | 60.90 61.35 60.64 | 89.92 37.00 | 16:00:00 | | 15 min |