Air Canada (T:AC)
Business Focus: Airlines (NEC)
Mixed as of May 01, 2023
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Insider Filings
Latest 10 SEDI filings for AC within the last 6 months
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Company News
May 25, 2023 08:00 ET
Air Canada Unveils its Most Comprehensive Winter Sun Schedule to Popular Vacation Destinations
New flights from Toronto to Monterrey and Fort-de-FranceNew flights from Montreal to La Romana and Los CabosOverall 8% more sun capacity versus 2019 pre-pandemic scheduleUp to 50% more capacity from Vancouver to Mexico, Miami, Phoenix, Las VegasMONTREAL, May 25, 2023 /CNW/ - Air Canada today announced the strategic expansion of its winter sun network that includes four new routes from Toronto and Montreal to Monterrey* and Los Cabos* in Mexico and, La Romana and Fort-de-France in the Caribbean. The airline is also deploying a substantial increase in capacity from its Vancouver hub to sought
May 23, 2023 06:30 ET
Air Canada Reports Strong Operational Performance to begin Summer Travel Season
Carrier safely moves 540,000 customers over May long weekend
Valuation Ratios
Industry
Sector
Beta
2.34
--
--
Price to Sales - TTM
0.41
0.48
3.49
Price to Book - most recent quarter
--
--
2.33
Price to Cash Flow per share - TTM
8.34
8.34
10.49
Price to Free Cash Flow per share - TTM
4.61
4.61
28.08
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| May 15, 2023 | 2,135,807 | -208,914 |
| Apr 30, 2023 | 2,344,721 | -1,232,253 |
| Apr 15, 2023 | 3,576,974 | -697,114 |
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 in the international market to and from Canada. It also offers air cargo services on domestic and U.S. transborder routes as well as on international routes between Canada and markets in Europe, Asia, South America and Australia. Its Aeroplan program is a travel loyalty program, which allows individuals to enroll as members and accumulate Aeroplan points through travel on Air Canada and select partners. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to various destinations across six continents using Air Canada's passenger flights and cargo-only flights. 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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