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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Industrials Airlines
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

Air Canada > I don’t know about you
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•••
Comment by TradeForexon Jan 17, 2024 12:22pm
43 Views
Post# 35831474

RE:I don’t know about you

RE:I don’t know about you
Rob8043 wrote: But I trust comments from DAL CEO more than comments from JulieRichards and Traderforex of Stockhouse boards, LOL.
DAL CEO has clearly commented that he sees major headwinds in 2024 and has revised his outlook. He will hunker down and preserve cash for the upcoming slow down.
This is exactly why the market does not care for the quarterly results so far.

Straight out of Ed Bastian's mouth
“2023 was a great year for Delta with industry-leading operational and financial performance.  Our people and their commitment to deliver unmatched service excellence for our customers is at the foundation of Delta’s success.  We are thrilled to recognize their outstanding work with $1.4 billion in profit sharing payments next month,” said Ed Bastian, Delta’s chief executive officer.  “In 2024, demand for air travel remains strong and our customer base is in a healthy financial position with travel a top priority.  We expect to grow full year earnings to $6 to $7 per share and generate free cash flow of $3 to $4 billion, further strengthening our financial foundation.”
https://news.delta.com/delta-air-lines-announces-december-quarter-and-full-year-2023-financial-results
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