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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 thinkyourmoneyon Aug 04, 2022 3:20pm
136 Views
Post# 34871942

RE:RE:2 new 777 Freighters for AC Cargo

RE:RE:2 new 777 Freighters for AC Cargo
I did some midnight marauding last night and this morning.  Here are some current articles to clear up some of the questions I raised early this morning.  It adds even more back ground.  

One interesting number is that by 2024, with all current aircraft and orders delivered, Air Canada will have 10 cargo aircraft to Cargojet's 33.  That is 30%... plus belly capacity on the passenger fleet. I do not know how that washes out in total capacity but it is certainly significant.

Also, I get that airlines hold their cards close to their chest in regards to revenues/profits from loyalty programs and now cargo and where the profits go.   I do not see that getting more transparent as time goes on.  I think it just shows up as cash.  CJT revenues for the Quarterly revenues were $246MM and AC's were I believe $298MM.  


https://www.aircargonews.net/monthly-exclusive/maindeck-expansion-positions-air-canada-for-cargo-growth/

https://www.aircargonews.net/airlines/freighter-operator/air-canada-cargo-to-add-b777-freighters/

https://theloadstar.com/air-canada-orders-two-new-boeing-767-300f-factory-built-freighters/

Just copy and paste these into your browser and you should get access to these articles...at least for awhile. they were informative to me so hopefully you can get something from them as well.


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