Sector: Industrials | Industry: Airlines |
Company Contact | |
Address: | Air Canada Centre 7373 Cte Vertu, Boulevard West SAINT-LAURENT QC H4S1Z3 |
Tel: | 1-514-4227849 |
Website: | https://www.aircanada.com |
IR: | See website |
Key People | ||
Michael Stewart Rousseau President, Chief Executive Officer, Director | John Di Bert Chief Financial Officer, Executive Vice President | Craig Landry Chief Operations Officer, Executive Vice President |
Arielle Meloul-Wechsler Executive Vice President, Chief Human Resources Officer and Public Affairs | Mark Youssef Nasr Executive Vice President of Marketing and Digital, President of Aeroplan | Marc Barbeau Executive Vice President, Chief Legal Officer, Company Secretary |
Mark Galardo Executive Vice President - Revenue and Network Planning | Kevin Patrick Cornelius O'Connor Senior Vice President - Global Airports and Operations Control | Murray Strom Senior Vice President - Flight Operations and Maintenance |
Business Overview |
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. |
Financial Overview |
For the three months ended 31 March 2024, Air Canada revenues increased 7% to C$5.23B. Net loss totaled C$81M vs. income of C$4M. Revenues reflect Pacific segment increase of 35% to C$733M, US Transborder segment increase of 8% to C$1.05B. Net loss reflects Wages , Salaries and Benefits increase of 21% to C$1.11B (expense), Foreign exchange gain decrease of 54% to C$59M (income). |
Employees: | 35,400 as of Sep 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $12,000M as of Mar 31, 2024 |
Annual revenue (TTM): | $22,172M as of Mar 31, 2024 |
EBITDA (TTM): | $4,024M as of Mar 31, 2024 |
Net annual income (TTM): | $2,191M as of Mar 31, 2024 |
Free cash flow (TTM): | $2,825M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $4,574M as of Mar 31, 2024 |
Shares outstanding: | 441,290,249 as of Apr 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |