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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.


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Post by Veecee1on Mar 13, 2024 1:50pm
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Post# 35930969

hi Robthenob

hi Robthenob
FILE PHOTO: Delta Air Lines passenger planes parked in Birmingham
In this article:
 
 

(Reuters) -Delta Air Lines reaffirmed its first-quarter profit forecast on Tuesday on resilient international travel demand.

Major U.S. airlines with international operations have experienced a surge in demand for long-haul flights, as a stronger dollar prompts more Americans to consider overseas travel for leisure.

Airlines have also benefited from a post-pandemic boom in demand for high-margin premium services.

The airline expects its first-quarter adjusted profit per share in the range of 25 cents to 50 cents per share, compared with analysts' average expectations of 36 cents.

 

(Reuters) -Delta Air Lines reaffirmed its first-quarter profit forecast on Tuesday on resilient international travel demand.

Major U.S. airlines with international operations have experienced a surge in demand for long-haul flights, as a stronger dollar prompts more Americans to consider overseas travel for leisure.

Airlines have also benefited from a post-pandemic boom in demand for high-margin premium services.

The airline expects its first-quarter adjusted profit per share in the range of 25 cents to 50 cents per share, compared with analysts' average expectations of 36 cents.

It also expects to deliver year-over-year total revenue growth in the top half of the initial guidance range for the March quarter. The company had earlier forecast first-quarter revenue growth in the range of 3% to 6%.

Delta also reaffirmed its 2024 profit per share forecast of $6 to $7.


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