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
May 03, 2024 08:00 ET
Air Canada Musically Transports You to Amsterdam, Barcelona and Paris with Musical Travel Guides
Air Canada partners with renowned Québec artists Charlotte Cardin, Alexandra Stréliski and Sarahmée.New platform will highlight three European cities and the music the artists listen to while visitingPlaylists will be available on Air Canada's enRoute website and on SpotifyMONTREAL, May 3, 2024 /CNW/ - With its Un air de chez nous platform, Air Canada celebrates Québec culture by launching three musical guides created in collaboration with renowned Québec artists. Charlotte Cardin, Alexandra Stréliski and Sarahmée each present their beloved European city with a carefully curated musical play
May 02, 2024 06:00 ET
Air Canada Reports First Quarter 2024 Financial Results
Total operating revenues of $5.2 billion increased 7% year over yearOperating income of $11 million and adjusted EBITDA* of $453 millionDouble-digit on-time arrivals improvement from the first quarter of 2023 Leverage ratio* of 0.9 as at March 31, 2024Reiterating 2024 guidance for capacity, adjusted CASM* and adjusted EBITDA*MONTREAL, May 2, 2024 /CNW/ - Air Canada today reported its first quarter 2024 financial results.
Valuation Ratios
Industry
Sector
Beta
2.51
--
--
Price to Sales - TTM
0.30
0.25
3.54
Price to Book - most recent quarter
9.53
9.53
2.76
Price to Cash Flow per share - TTM
1.71
1.71
11.92
Price to Free Cash Flow per share - TTM
2.37
4.18
26.04
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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