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.

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Air Canada

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Post by Possibleidiot01on Dec 17, 2024 9:57am

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Post# 36366035

Federal government stake

The FES says that the federal government has now sold its $500 million equity stake in the airline for $543 million. It says that, combined with the $82 million the purchase warrants were sold for in 2022, the federal government made a profit of $125 million.

The FES says that Air Canada will repay the outstanding balance of $1.27 billion on its loan by 2028.

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Three business reasons companies need to recycle e-waste