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Air Canada (T:AC)

Business Focus: Airlines

Sector:  Industrials Industry:  Airlines
See Regulatory Filings on SEDAR
Company Contact
Address: Air Canada Centre
7373 De la Cote-Vertu Blvd
Tel: 1-514-4227849
IR: See website
Key People
Vagn Ove Soerensen
Independent Chairman of the Board
Ferio Pugliese
Senior Vice President, Government Relations and Air Canada Express
Calin Rovinescu
President, Chief Executive Officer, Director
Michael Stewart Rousseau
Deputy Chief Executive Officer, Chief Financial Officer
Duncan Bureau
President, Air Canada Rouge
Lucie Guillemette
Executive Vice President and Chief Commercial Officer
Craig Landry
Executive Vice President, Operations
Catherine Dyer
Senior Vice President, Chief Information Officer
Amos S. Kazzaz
Senior Vice President, Finance
Arielle Meloul-Wechsler
Senior Vice President - People, Culture and Communications
Business Overview
Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. Its mainline operates a fleet of approximately 170 aircraft, including Airbus narrow-body aircraft, over 70 Boeing and Airbus wide-body aircraft, and approximately Embraer 190 regional jets. Air Canada rouge operates a fleet of approximately 50 aircraft comprising over 20 Airbus A319 aircraft, five Airbus A321 aircraft and approximately 20 Boeing 767-300 aircraft. Through the 28-member airline network, it offers flights to approximately 1,300 destinations in over 190 countries. Air Canada Altitude recognizes and rewards Aeroplan loyalty program members with a range of travel privileges and benefits corresponding to their travel activity, such as priority check-in, complimentary checked baggage and upgrades to business class.
Financial Overview
For the nine months ended 30 September 2019, Air Canada revenues increased 7% to C$14.76B. Net income increased from C$397M to C$1.32B. Revenues reflect Revenue Passengers, Total increase of 1% to 39.5M, Load Factor, Total -% increase of less than 1% to 84%, Passenger increase of 7% to C$13.32B, Other increase of 14% to C$914M. Net income benefited from Foreign exchange gain (loss) increase from C$134M (expense) to C$407M (income).
Employees: 32,800 as of Sep 30, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $18,741M as of Sep 30, 2019
Annual revenue (TTM): $19,009M as of Sep 30, 2019
EBITDA (TTM): $3,371M as of Sep 30, 2019
Net annual income (TTM): $1,093M as of Sep 30, 2019
Free cash flow (TTM): $3,013M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3,491M as of Sep 30, 2019
Shares outstanding: 389,908,263 as of Dec 6, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization