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Air Canada (T:AC)

Business Focus: Airlines (NEC)

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for AC within the last 6 months
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Company News

Nov 22, 2021 08:00 ET
Air Canada Adding Extra Cargo Capacity Into Vancouver to Help Maintain British Columbia's Economic Supply Chain
In response to flooding that disrupted transportation supply chain network in the province 586 tonnes of additional capacity added into and out of YVR, an increase of 45% over originally planned levels Air Canada Express Dash 8-400 aircraft being converted into special freighter configuration to transport cargo MONTREAL, Nov. 22, 2021 /CNW Telbec/ - Air Canada announced today that it has significantly increased cargo capacity into and out of Vancouver between November 21 and 30 from its hubs in Toronto, Montreal and Calgary as it works to ensure that the vital economic supply chain links in
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Nov 19, 2021 07:00 ET
Air Canada Exits Government of Canada Financial Support as Industry Recovery Continues
MONTREAL, Nov. 19, 2021 /CNW Telbec/ - Air Canada today announced that due to its improved liquidity position and ongoing recovery from the pandemic it is withdrawing from further Government of Canada financial support. The support package, announced in April 2021, provided the carrier access to interest bearing loans of $5.375 billion through several separate credit facilities. To date, Air Canada has only accessed the facility solely dedicated to refunding customers' non-refundable tickets, while all other remaining facilities totaling $3.975 billion have not been used.
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Valuation Ratios

Industry
Sector
Beta
2.37
--
--
Price to Sales - TTM
1.71
1.71
7.17
Price to Book - most recent quarter
52.40
--
3.09
Price to Cash Flow per share - TTM
--
--
13.61
Price to Free Cash Flow per share - TTM
--
--
26.35
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Nov 15, 202110,237,041-1,554,819
Oct 31, 202111,791,860-119,128
Oct 15, 202111,910,988127,867
See Short Report

Business Summary

Sector:  Industrials Industry:  Airlines

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 global network provides scheduled passenger service directly to Canada, United States and in Europe, Africa, the Middle East, Asia, Australia, the Caribbean, Mexico, Central America and South America. Air Canada, Air Canada Rouge and its Air Canada Express regional partners operate scheduled flights each day. 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.

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