Michael Stewart Rousseau, CFO, exercised Options and sold 179,191 Class B Voting Shares on a direct ownership basis at prices ranging from $21.150 to $21.200 on August 3rd, 2017. This represents a $3,793,890 divestment of the company's shares and an account share holdings change of -67.8%.
Amos Kazzaz, a Senior Officer, also exercised Options and disposed of 39,531 Class A Variable Voting Shares on a direct ownership basis at prices ranging from $20.800 to $21.148 on August 3rd, 2017. This represents a $830,834 divestment of the company's shares and an account share holdings change of -100.0%.
Air Canada is in the Airlines Sub Industry Group under the Industrials Sector.
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.
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