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2024-05-24 16:20:00 ET Naturally, Air Canada ( TSX:AC ) was hit hard by the pandemic. Today, the airliner’s troubles are plenty, and Air Canada stock can’t seem to achieve lift-off. Why is the stock stuck below $20 while airline travel is at record highs? For those...
2024-05-22 16:10:00 ET The Canadian stock market is continuing to scale new heights in 2024 as the TSX Composite benchmark recently posted a fresh all-time high above 22,400 level. Strong corporate results and rising hopes that the Federal Reserve and the Bank of Canada will soon st...
Air Canada Significantly Increases Service to Ottawa Canada NewsWire Up to 30 additional weekly flights for winter season compared to last year Non-stop flights to Calgary and Winnipeg extended to year-round Additional capacity added to Quebec , ...
2024-05-14 17:20:14 ET Summary Airbus enjoyed a strong April with 57 orders valued at $3.4 billion, driven by orders for the A320neo and A321neo. Airbus delivered 61 airplanes in April, showing stability in the supply chain and an increase in deliveries compared to last year. ...
2024-05-13 21:15:00 ET Air Canada ( TSX:AC ) stock has taken investors on a roller-coaster ride in the last decade. Shares of the leading Canadian airline rose from $1.5 in January 2010 to an all-time high of $52 in January 2020. The COVID-19 pandemic decimated airline stocks, inclu...
2024-05-13 15:30:00 ET The global pandemic in 2020 caused financial disarray in commercial aviation and other industries. Air Canada ( TSX:AC ) was riding high on 27 consecutive quarters of profits and revenue growth before the novel coronavirus breakout. Canada’s flag ca...
2024-05-08 16:20:00 ET Air Canada ( TSX:AC ) stock has been one of the TSX Index’s biggest losers over the last four years. Falling 60% in price since its early 2020 highs, it has dramatically underperformed the index. Curiously enough, the company itself has more or less rec...
ADVISORY - Air Canada to Present at Upcoming Investor Conferences Canada NewsWire MONTREAL , May 8, 2024 /CNW/ - Air Canada will present at the following investor conferences. Bank of America Securities Annual Transportation, Airlines and Indust...
2024-05-06 17:00:00 ET Summary Air Canada's stock has not performed well, underperforming the S&P 500 by 18%. Despite cost pressures, Air Canada's revenues and earnings have grown, driven by strong performance in the Pacific market. Air Canada expects flat earnings growth ...
2024-05-03 16:40:00 ET Air Canada ( TSX:AC ) stock dived by 8.4% on Thursday, May 2, after its first-quarter earnings miss disappointed investors, erasing nearly all its year-to-date gains. Notably, this was AC stock’s worst single-day performance in more than 14 months. With...
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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...
Air Canada Foundation Launches 2023 Impact Report Detailing Programs and Partnerships in Support of Children's Health and Well-being Canada NewsWire MONTREAL , July 17, 2024 /CNW/ - The Air Canada Foundation has launched its 2023 Impact Report detailing progr...
2024-07-16 11:45:00 ET Air Canada ( TSX:AC ) stock is currently trading at $17.35, well below the $18 “floor” that it had been above for most of the last year. The selloff to $17.35 was triggered in part by a badly received earnings release, which showed negative earni...