Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 TELEMARKERon Apr 24, 2023 1:41pm
101 Views
Post# 35410742

stockwatch

stockwatch

Globe says Air Canada told "safety" excuse to be toast

2023-04-24 09:20 ET - In the News

Also In the News (C-ONEX) Onex Corp
Also In the News (C-TRZ) Transat AT Inc

The Globe and Mail reports in its Monday edition that the federal government is rewriting the rules on how airlines must treat passengers, making it harder for the carriers to dodge responsibility when flights are cancelled or delayed and raising the fines for violators. The Globe's Eric Atkins writes that airlines that cancel or delay a flight will no longer have a "safety" loophole that automatically absolves them of giving passengers compensation, free food and other assistance in some cases. The new rules, which would go into effect Sept. 30, include raising the penalty for violating the regulations to $250,000 from the current $25,000. Under the current system, flight cancellations, delays or denials of boarding are grouped into three categories: within the airline's control; within the airline's control but required for safety; and outside the airline's control. In the latter two cases, passengers have not been entitled to compensation for their inconveniences. The new rules eliminate these three categories. The flight problem is presumed to be within the airline's control and not a safety issue unless the carrier can prove otherwise, the legislation reads, similar to the rules European airlines must follow.

<< Previous
Bullboard Posts
Next >>
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse