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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 Dec 03, 2023 3:58pm
185 Views
Post# 35766046

RE:bought some but bought more of trz

RE:bought some but bought more of trz

Clearly some mis-understanding of the quality of certain companies. Transat is still a very iffy business. Debt is crippling. AC on the other hand is ready to declare major accomplishments by year end with respect to leverage ratios and early debt re-payments. It's also not trying to compete as a low cost flyer. 


Re Transat from the Financial Post:
As of July 31, its net debt-to-adjusted earnings ratio sat at about 13 times, an exceptionally high figure. Its earnings before interest, taxation, depreciation and amortization were $115 million versus a net debt of $1.5 billion.

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