Air Canada (T:AC)
Business Focus: Airlines (NEC)
Mostly sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for AC within the last 6 months
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Company News
Apr 19, 2024 08:00 ET
He Shoots, He Scores! Air Canada Introduces New Sports Channels to Live TV Service Just in Time for the Stanley Cup Playoffs
Sportsnet ONE, Sportsnet East and TVA Sports join Live TV line-upMONTREAL, April 19, 2024 /CNW/ - Air Canada today announced the addition of three new Live TV sports channels to its award-winning in-flight entertainment (IFE) system. Just in time for the start of the Stanley Cup Playoffs, Sportsnet ONE and Sportsnet East are available today, while TVA Sports will be available in May, so Air Canada customers can cheer their favourite hockey team onboard select flights.
Apr 18, 2024 08:00 ET
More flights, More Destinations! Explore Europe, Asia and North America this Summer with Air Canada
New international services to Singapore, Madrid, Stockholm, Osaka and Seoul Over 30% additional capacity into Asia-Pacific with up to 87 weekly flights 25% increase to key leisure destinations in Southern Europe 120 destinations across North America, including new services to Charleston, South Carolina and Tulum, MexicoMONTREAL, April 18, 2024 /CNW/ - Air Canada customers have a wide range of exciting options across Europe and Asia this summer, along with a choice of 120 destinations in North America, to fulfill their summer travel plans. Alongside new and enhanced international routes to Si
Valuation Ratios
Industry
Sector
Beta
2.40
--
--
Price to Sales - TTM
0.32
0.26
3.29
Price to Book - most recent quarter
8.82
8.82
2.82
Price to Cash Flow per share - TTM
1.76
1.76
12.01
Price to Free Cash Flow per share - TTM
2.55
4.45
28.56
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 12,139,461 | 723,020 |
| Mar 31, 2024 | 11,416,441 | -580,413 |
| Mar 15, 2024 | 11,996,854 | 491,704 |
Business Summary
| Sector: Industrials | Industry: Airlines |
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.
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