AC:CC News and Press, Air Canada Voting And Variable Voting Shares From 02/13/24

2024-02-13 06:57:43 ET Summary Air Canada is currently generating substantial profit in terms of Q3 2023. Demand is strong given the passenger load factor of 89.8% in Q3 2023 versus 83.4% in 2019 before the pandemic. Air Canada has risks if demand decreases for any number of r...

2024-02-12 21:45:00 ET The stock market is at an exciting point as the after-effects of the pandemic – the oil crisis and high inflation – are behind us. The economy is still weak as high-interest rates have kept the budgets tight for most Canadians. But this will change as th...

2024-02-12 21:00:00 ET Airline stocks such as Air Canada ( TSX:AC ) are some of the most volatile, yet at times, lucrative stock options on the market. But is Air Canada stock a buy right now? Let’s try to answer that question. Air Canada: A quick recap Ai...

2024-02-12 21:00:00 ET This year could be a year of discovery for value investors after growth stocks prevailed in 2023. Many stocks are trading at discounted prices or below their intrinsic values to start 2024. However, if inflation continues to recede and interest rates drop, the...

Air Canada Announces Scholarships for Aspiring Aircraft Maintenance Engineers at 7 Technical Colleges Across the Country Canada NewsWire Open to women and visible minorities, one recipient per school will receive $1,500 towards their education Strengthens airline...

2024-02-06 20:15:00 ET Air Canada ( TSX:AC ) stock has essentially gone nowhere since the worst months of the COVID-19 pandemic. Its peak price in 2020 was $22, which was around when the vaccine was announced. There hasn’t been a single lockdown in Canada since 2022. Air Cana...

2024-02-06 16:50:00 ET Air Canada ( TSX:AC ) stock has started 2024 on a mixed note after losing nearly 62% of its value in the previous four years. AC stock failed to recover in the last couple of years, even as its financials witnessed a healthy recovery in the post-pandemic era. ...

2024-02-01 16:00:00 ET We are already in the second month of the new year, and it is time for companies to announce their 2023 earnings. The first quarter is generally slow for several businesses as it is time for tax planning. The U.S. Fed is keeping the interest rate unchanged with a note...

2024-01-31 21:30:00 ET In the last four years, airline stocks have been wrestling with multiple headwinds. First, the COVID-19 pandemic brought the travel sector to a screeching halt for two years. Several countries relaxed lockdown measures in 2022, resulting in pent-up travel demand. Howe...

2024-01-31 15:45:00 ET Canadian airline stocks have been among the hardest hit by the COVID-19 pandemic. Travel restrictions and lockdowns in 2020 suddenly led to a big decline in the demand for air travel, while the demand for cargo services remained firm. This is one of the key reason...