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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

Comment by rexrexon Feb 10, 2021 3:35pm
86 Views
Post# 32528397

RE:Amazon ...Cargo ... and Air Canada

RE:Amazon ...Cargo ... and Air Canadaforgot to mention that Amazon recently purchased 4 planes from Westjet...

https://www.bnnbloomberg.ca/amazon-buys-four-planes-from-westjet-for-cargo-fleet-1.1543995


As demand for air travel has declined due to the COVID-19 pandemic, one Canadian airline has offloaded a few of its planes to help Amazon.com Inc. move cargo.

Amazon announced Tuesday that the e-commerce giant purchased 11 Boeing 767-300 planes to add to its growing cargo fleet, including four from WestJet Airlines Ltd.

The online retailer said in a statement that the four planes from WestJet are currently being converted from passenger to cargo functionality and will join Amazon Air’s fleet later this year.

A WestJet spokesperson said the 767s were taken out of commission in 2020 as the company sought a buyer for the planes. A representative from Amazon confirmed via email that the WestJet planes were purchased in March.

“The Boeing 767 aircraft played an important initial role in setting up our transatlantic success and provided WestJet with critical widebody experience and an early understanding of the European market in order to successfully introduce our Boeing 787 Dreamliners,” a WestJet spokesperson said in an email. “We are pleased they found a home with Amazon.”

The other seven planes in the deal were acquired from Delta Air Lines Inc., Amazon said. 

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