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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 JuIieRichardson May 15, 2023 3:15pm
74 Views
Post# 35448841

RE:Forte reprise en vue (La Presse)

RE:Forte reprise en vue (La Presse)Thank you.

Translation:

Canadian Press:
(London) Canada's travel and tourism sector is poised for a major post-pandemic rebound, a new report reveals.

According to the World Travel and Tourism Council, the industry is expected to contribute $162.6 billion to the Canadian economy in 2023, up more than 17% from last year. Conducted in partnership with Oxford Economics, the council's latest research highlighted that the sector is approaching its previous peak of 173.9 billion, recorded in 2019. If forecasts materialize, the activity would generate some 90,000 additional jobs to reach 1.64 million this year, recovering almost all of the travel and tourism jobs cut during the COVID-19 pandemic. Julia Simpson, who leads the council representing more than 200 businesses, says a return of overseas visitors to Canada's biggest cities will fuel the recovery. The country's transportation and hospitality businesses have been among the hardest hit by the pandemic, which has closed borders, restricted travel and limited restaurant operations.
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