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

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Rouge10on Jun 07, 2024 10:48am
91 Views
Post# 36077509

RE:Softness on Atlantic routes

RE:Softness on Atlantic routesIs there similar commentary on Asia Pacific region or Transborder?

In CFO's last commentary 2-3 weeks back, he had acknowledged Atlantic yield weakness but was not concerned as Asia Pac and other regions were compensating. They have added just a few widebody aircracft in last 12 months it means capacity is being redeployed to other regions (Asia Pac, others) starting new routes. This flexibility, by focusing on international travel allows them to focus on most profitable markets. 

Also, before 2010's AC mostly relied on point of sale in Canada even for international market. From mid 2010s AC has been focused on successfully increasing point of sale in international markets (EU, Middle East, Asia, etc...), which provide cushion against dependency on Canadian economic environment. This strategy needed a strong product to compete with airlines like Lufthansa, AF, Emirates, Air India, China Eastern etc... And AC has competitive product like to like (e.g. AC premium economy competing with Luftansa premium economy).

Just a bit context on whats happening in international travel markets. 
<< Previous
Bullboard Posts
Next >>