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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 Starsearcher80on Mar 14, 2021 7:15am
146 Views
Post# 32794392

RE:RE:HOLIDAY BOOKINGS SURGE

RE:RE:HOLIDAY BOOKINGS SURGEI do understand your mathematical point. However, I would much rather hear of a surge in people booking than no surge at all.  Additionally, you would have no idea what the depth of the surge is, as nothing is quantified in the article.  Anecdotally, I would say the surge in bookings is real, as they are forward bookings.  For example, I've now done all kinds of bookings for travel starting next November and going forward from there.  I'm totally comfortable with those bookings, as it gives time for the Vaccines kicking in, while also trying to get slightly ahead of what I think will be an absolute crush of bookings, as people certainly need a vacation or to reunite with loved ones. 

On the vacation front, I saw first hand rooms filling up because I could see the booking map of room availability. But having said that, it will still be quite a while before I make a restaurant reservation, because that's something you only do a day or two in advance, not 1/2 a year in advance.  On that front, I look forward, hopefully sooner than later, to feeling equally comfortable and safe.

givemeabreak1 wrote: So I run a restaurant and rservations and bookings are surging!  Last week I had 2 people per evening for dinner and starting next month I have 10 people booked that is a 500% increase.  Yes I need 40 people to break even.  So you see something from nothing is a massive surge!  


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