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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 fraudhunteron Jul 13, 2021 3:07pm
45 Views
Post# 33536764

RE:AEROPLAN2.0

RE:AEROPLAN2.0

Funny, seeing more useless posts from trolls with no shares. Or too poor to short it. Bahahaha. Love the shorts who help out the long term investors ;)))

OnTheBalance wrote: Aeroplan in its new form is much bigger than business travel. The banks (TD, CIBC, AMEX, and  JPMChase in the US) along with AC are hooking it up to drive overall spend, Lifestyle based, from Well Off households through the loyalty program. Much of the future aspirational travel, leisure travel will be done on the basis of Aeroplan points. Balancing out seasonal revenue will be done on the basis of Aeroplan bookings and Cargo. Westjet was fearful of Transat purchase only because of Aeroplan. AC will build its own Transat analog in next 3 years. Watch for this. Porter was financially unstable before the black swan. Making big announcements don't necessarily translate to reality. AC will eat their lunch soon enough. No substitute for fiscal discipline. Mike Rousseau is a master, and more aggressive than Rovinescu. Shareholders like this. Cheers.

 

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