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Air Canada Reports First Quarter 2023 Financial Results Canada NewsWire Record first quarter passenger revenues of $4.088 billion , more than double the first quarter of 2022, on a 53 per cent increase in operated capacity Record first quarter operating revenues ...
2023-05-11 12:45:00 ET The Canadian airline industry passed through one of the worst crises in decades as the COVID-19 pandemic grounded plans and virtually put a halt to the bulk of international travel on and off for nearly two years. At the time, the industry predicted that it would ...
Air Canada Congratulates Madeleine Paquin, Board Member on Her Induction Into 2023 Canadian Business Hall of Fame Canada NewsWire MONTREAL , May 11, 2023 /CNW/ - Air Canada today congratulated Ms. Madeleine Paquin , member of Air Canada's Board of Directors o...
2023-05-11 11:47:13 ET Major earnings expected before the bell on Friday include: Air Canada ( OTCQX:ACDVF ) Allianz SE ( OTCPK:ALIZF ) Crescent Point Energy ( CPG ) Charlotte's Web Holdings ( OTCQX:CWBHF ) Tata Motors ( TTM ) For further deta...
2023-05-11 09:30:00 ET Airlines have been hit hard by the pandemic, rising oil prices, the Russia-Ukraine war, and high interest rates. After three years, have North American airlines adjusted to the post-Covid world and high fuel prices? Recently, Air Canada ( TSX:AC ) raised i...
2023-05-10 12:50:07 ET Summary Boeing orders saw an appreciable mix between single aisle and wide body airplanes. Boeing deliveries are under pressure, driven by seasonality and to a major extent by new problems on the Boeing 737 MAX program. Boeing stock has started to underp...
2023-05-09 16:15:00 ET Air Canada ( TSX:AC ) stock jumped 3.5% to trade at an altitude of above $20. Behind the rally is the airline’s revised earnings outlook for 2023. It is the first time since the pandemic that the airline has raised its outlook. Does this hint that t...
2023-05-09 15:15:00 ET The market rally has begun to cool off in recent weeks. Even as stocks begin to go sideways for the summer season, a certain class of high performers could continue to build on their recent strength. In this piece, we’ll look at two hot TSX stocks that may not ...
Air Canada to Participate in Upcoming Investor Conferences PR Newswire MONTREAL , May 8, 2023 /PRNewswire/ - Air Canada announced today its participation at upcoming investor conferences. Amos Kazzaz , EVP & CFO, and John Di Bert (In...
2023-05-05 12:00:00 ET Though Air Canada ( TSX:AC ) and Cineplex ( TSX:CGX ) belong to different sectors, they have a few things in common. Both suffered immense cash burn during the pandemic in the last few years but are now on their way to profitability. Another thing in c...
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A look at the top 10 most actives in Canada WildBrain Ltd. 5.875% Convertible Unsecured Subordinated Debentures (WILD.DB) rose 3.9% to $99.71 on volume of 19,212,000 shares Royal Bank of Canada (RY) fell 0.0% to $152.21 on volume of 13,856,076 shares Red Pine Exploration Inc. (RPX) fell 6...
2024-07-22 21:00:00 ET We are currently in the middle of a bullish market that has lifted many stocks. Tech stocks have benefitted the most, while other stocks have benefited to a lesser extent. For the most part, the markets as a whole have risen, with the TSX Index, in particular, being u...
Air Canada Provides Second Quarter 2024 Preliminary Results and Updates Full Year 2024 Guidance Canada NewsWire MONTREAL , July 22, 2024 /CNW/ - Air Canada today provided preliminary results for the second quarter of 2024 and updated its 2024 financial and capaci...