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 > Solid Q2 results!

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Comment by Nordicoon Aug 07, 2024 2:24pm

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Post# 36167950

RE:Solid Q2 results!

Yep; this thing is held down by shorts, being the most shorted stock on the TSX, but they'll eventually need to cover. I'm happy with the profit for the quarter. with adjusted net income higher than Q2 2019 (the year AC traded for over double the market cap it does now).

AC's book value continues to recover; now up to $1.1 Billion, from being negative $1.5 Billion five quarters ago.