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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 stockitnowon Apr 19, 2023 10:37am
65 Views
Post# 35402895

RE:RE:Westjet helping Air Canada

RE:RE:Westjet helping Air Canada They don't need to go on strike to cause the damage.  The uncertainty of strike is causing future travelers to book elsewhere.

Strike or no strike WJ is screwed.  Strike will cause major revenue loss and no strike equates to very big pay increase for pilots which will be directly impact ticket price.

AME and flight attended union will be next to ask for massive increase.

WJ is in big trouble.  Their Swoop ULCC cant compete with Flair pricing and are taking loss on no frills flyer and taking loss from AC for network/route services and better product.

Westjet made same mistake as Canada 3000 which acquired Royal Airlines and Canjet to gain market share.

Westjet, Swoop, and Sunwing equals disaster and financial drain.  Onex is struggling  on its own.  They are in no position to infuse more capital into WJ.

Weaker WJ equates to stronger AC.
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