Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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.

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Air Canada > Gangbusters!

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Comment by Returns2021on Jun 15, 2022 7:49pm

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Post# 34759914

RE:Gangbusters!

Yes, it is going so well that the share price keeps falling.....everyday. LOL

Veecee1 wrote:

Meanwhile forward bookings for Air Canada’s transatlantic routes are going gangbusters, says Guillemette.

“The transatlantic market for this summer is going to be very, very solid. Talk about pent-up demand … that’s one of the markets where we’ve seen it the most.”

CORPORATE TRAVEL’S RETURN

Guillemette is also looking forward to the return of the corporate market.

The meteoric rise of Zoom and other video conferencing platforms aside, corporate travel has been showing “encouraging signs” for Air Canada since April, she says.
https://www.travelweek.ca/news/talk-about-pent-up-demand-thats-where-its-really-happening-a-look-ahead-with-air-canadas-lucie-guillemette/

“We’re thinking that by Labour Day, we won’t be 100% of 2019, but we should have a meaningful return of corporate,” she says.