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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 04, 2021 11:27pm
123 Views
Post# 32935884

RE:RE:RE:RE:Onex (West Jet) to Buy Transat maybe?

RE:RE:RE:RE:Onex (West Jet) to Buy Transat maybe?Quebec will not let Transat die so some company eventually will operate it likely with some assistance.  Bottom line is that is good for the consumer.  Unfortunately, Air Canada has never learned to operate in a competetive environment even with a duopoly they have only had 2 really good years in the last 20 lol...The best thing management has ever done is let someone who knows what they are doing operate a big portion of the company which is why their only good years happened when Chorus is doing everything for them.  A lot of Rumour about Chorus buying Transat but doubt that happens as they would be competing with their only big customer.   Pandemic long way from over yet but hope it is sooner than later!  I just hope the government realizes when it is over AC will once again try to screw the consumer with predatory pricing.  I would love to see Southwest take over Transat but I doubt it.  That said, they have been in talks with Hamilton airport for years because they do not like paying the fees Toronto charges.  They have said they will enter Canada and Europe so just a matter of time.  I like to see AC profitable but not because of no cometition.  Everything in Canada for years has either been oligopoly duopoly or captive markets.  That is why everything here is so expensive! 
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