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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

Post by JackWabbiton Jan 31, 2022 3:09pm
159 Views
Post# 34380453

Passenger capacity beginning to return closer to prepandemic

Passenger capacity beginning to return closer to prepandemicIn response to surging demand for PPE and rapid test kits, Air Canada (AC) has ramped up its deployment of passenger aircraft for cargo services. For its aircraft that have seen their seats removed to make space for cargo in the cabin (known internally as Charlies), this surge spells a last hurrah before they are returned to passenger configuration. The start of 2022 turned out to be surprisingly strong, almost at the level of last January/February, said Jason Berry, VP cargo, and transpacific traffic may have been higher, owing to the jump in volumes of PPE and rapid test kits. On the Hong Kong and Shanghai routes, the lions share of ACs traffic has been hauled by 777 Charlies, doing about 14 flights a week to Shanghai and 10 on the Hong Kong sector. AC has been using Incheon for some time as a crew base to avoid Hong Kongs prohibitive quarantine regulations for flight crews that lay over in the special administrative region. It has worked well, Mr Berry said. Its not cheap. AC was one of the first carriers to field passenger planes for cargo flights and the first to remove seats for loading capacity in cabins. It has carried out over 14,000 cargo flights, as many as 40 a day at peak times, but now the Charlies are heading for the exit. They are scheduled for heavy checks and, during these, the seats will be re-installed. I believe the era of cabin freighters is over. They served a great service at a poignant time, said Mr Berry. This programme has been critical to maintain capacity for our customers through the pandemic. However, we see the need and demand for this configuration coming to an end by Q3, as passenger capacity begins to return closer to pre-pandemic levels. From eleven Charlies seven 777s and four A330s this fleet is already down to seven this month, with the last of them due to exit in May.
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