ACDVF News and Press, Air Canada Inc. From 02/17/23

Air Canada (ACDVF) Q4 2022 Earnings Conference Call February 17, 2023 8:00 A.M. ET Company Participants Valerie Durand - Head of Investor Relations and Corporate Sustainability Michael Rousseau - President and Chief Executive Officer Craig Landry - Executive Vice Presi...

Air Canada ( OTCQX:ACDVF ) posted a far larger than anticipated loss for the fourth quarter as travel demand trended above pre-pandemic levels. For the fourth quarter, the Canadian carrier posted a C$0.61 loss, outpacing the C$0.29 consensus estimate. Meanwhile, a 71.4% jump in re...

Air Canada press release ( OTCQX:ACDVF ): Q4 Non-GAAP EPS of -C$0.61. Revenue of C$4.68B (+71.4% Y/Y). Adjusted EBITDA of C$389M in the fourth quarter of 2022. Adjusted EBITDA margin of 8.3 per cent for the fourth quarter of 2022. Operating capacity, measured by Available ...

Air Canada Reports Fourth Quarter and Full Year 2022 Financial Results Canada NewsWire Record fourth quarter passenger revenues of $4.062 billion , doubled than fourth quarter 2021 and about two per cent higher than fourth quarter 2019 Record fourth quarter opera...

MEDIA ADVISORY - Air Canada to Present Fourth Quarter and Full Year 2022 Results Canada NewsWire MONTREAL , Feb. 6, 2023 /CNW Telbec/ - Michael Rousseau , Air Canada President and Chief Executive Officer, Amos Kazzaz , Executive Vice President and Chief F...

Air Canada Named One of Canada's Best Employers by Forbes for Eighth Consecutive Year Canada NewsWire MONTREAL , Jan. 25, 2023 /CNW Telbec/ - Air Canada has been named one of Canada's Best Employers 2023 by Forbes for the eighth consecutive year, recognizing ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s been a roller coaster ride for airline stocks in recent weeks. Most notably, the Southwest Airlines (NYSE: LUV ) debacle made investors think about other airline stocks to buy. On Jan. 11, the FAA (Federal ...

Air Canada Announces the Retirement of Lucie Guillemette, Executive Vice President and Chief Commercial Officer Canada NewsWire New senior management structure will create two new EVP positions MONTREAL , Jan. 12, 2023 /CNW Telbec/ - Air Canada today anno...

After experiencing similar outages to those grounding American planes throughout the morning, Canada’s air traffic controller has said operations are back online. NAV CANADA reported outages in the Notice to Air Missions system during the afternoon on the east coast, but was re...

Summary Air Canada has seen strong revenue growth in spite of rising ticket prices. A codeshare partnership with Emirates could help to bolster Air Canada revenues across the Pacific region. I take a bullish view on Air Canada. Investment Thesis: Air Canada ( ACDVF ...