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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 givemeabreak1on Apr 02, 2021 1:25pm
227 Views
Post# 32932308

RE:Air Canada - Positive News

RE:Air Canada - Positive NewsPersonally I think it is best for AC they do not need the burden of Transat right now as Transat is going to need an infusion of about 500 million.  I also think it is good for the Canadian Consumer.  If Transat goes into creditor protection they will come out the other end a much more competetive airline and be able to offer more consumer choices.  I do not expect a liquidation but rather a Chapter 11 so shareholders of Transat are not going to like the outcome!
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