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

Comment by Veecee1on Feb 22, 2024 7:49pm
64 Views
Post# 35894689

RE:One down..

RE:One down..

An internal Lynx Air memo has been issued to staff advising that the carrier will cease operations as of Sunday, 25FEB.

The message, signed by Jim (Lynx's COO, Jim Sullivan), states that Lynx was unable to secure investment in the ULCC to fund its rapid growth, and on 22FEB, it filed for protection from its creditors under a CCAA filing.

"While we did our best, the pressures mounted and the risks increased, which has led to today's announcement.
https://openjaw.com/breaking/2024/02/22/lynx-air-to-cease-flight-operations-on-26feb/

 

<< Previous
Bullboard Posts
Next >>