AC.TO - Air Canada

Toronto - Toronto Delayed Price. Currency in CAD
46.23
+0.97 (+2.14%)
At close: 4:00PM EDT
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Previous Close45.26
Open45.55
Bid46.23 x N/A
Ask46.24 x N/A
Day's Range45.29 - 46.99
52 Week Range22.57 - 47.43
Volume1,131,597
Avg. Volume1,280,508
Market Cap12.439B
Beta (3Y Monthly)0.31
PE Ratio (TTM)11.03
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Boeing MAX Return Timeline Extended by Air Canada
    Market Realist

    Boeing MAX Return Timeline Extended by Air Canada

    Doubt over Boeing's 737 MAX returning to service in early January is growing. Air Canada has removed all MAXs from its flying schedule until February 14.

  • Benzinga

    Air Canada Extends Scheduled Blackout For Boeing 737 MAX Into February

    Air Canada said Wednesday that it has removed the Boeing 737 MAX from its flying schedule until February 14 because ongoing regulatory uncertainty could cause problems as it launches a new reservation system. Transportation authorities around the world grounded the MAX, a more fuel-efficient update for the popular short-to-medium range jet, in March after two deadly crashes that killed 346 people. The no-fly order has hit Air Canada harder than other airlines because the MAX represented a larger portion of its passenger capacity.

  • MarketWatch

    Air Canada removes 737 Max planes from its schedule until Feb. 14

    Air Canada said Wednesday it has removed Boeing Co.'s 737 Max aircraft from its flight schedules until Feb. 14, 2020. The air carrier had previously said the planes, which have been grounded by regulators since March for safety concerns, following two deadly crashes, would be grounded until at least January. "We are taking this prudent step as a result of the ongoing regulatory uncertainty about the timing of the aircraft returning to service," said Chief Commercial Officer Lucie Guillemette. "The extension will give us scheduling predictability through the implementation of the first phase of our new reservation system and the required stability as we prepare the second phase of the system roll-out, introducing it into the airport environment." Last week, American Airlines Group Inc. said the 737 Max planes would remain out of service until mid-January, while United Airlines Holdings Inc. has previously said it the planes were on its schedule from December. Air Canada's stock shed 0.7% in afternoon trading, while Boeing's stock rose 0.3%, the NYSE Arca Airline Index inched up less than 0.1% and the Dow Jones Industrial Average has slipped 15 points, or 0.1%.

  • Does Air Canada's (TSE:AC) CEO Pay Reflect Performance?
    Simply Wall St.

    Does Air Canada's (TSE:AC) CEO Pay Reflect Performance?

    Calin Rovinescu became the CEO of Air Canada (TSE:AC) in 2009. First, this article will compare CEO compensation with...

  • Benzinga

    Today's Pickup: "Stink Fruit" Cargo Spoiled An Air Canada Flight

    An Air Canada Rouge flight returned to Vancouver after the Boeing 767-300's cabin filled with the odor from a shipment of durian fruit – whose odor is often compared to rotting meat. The troubles arose shortly after the 767 took off from Vancouver International Airport on September 17 with 245 passengers and eight crew, destined for Montreal. Crew members first noticed a "strong odor" while the aircraft was at 7,000 feet above sea level, according to the TSBC report.

  • Is Now An Opportune Moment To Examine Air Canada (TSE:AC)?
    Simply Wall St.

    Is Now An Opportune Moment To Examine Air Canada (TSE:AC)?

    Air Canada (TSE:AC), which is in the airlines business, and is based in Canada, saw significant share price movement...

  • Moody's

    Air Canada Series 2017-1 Pass Through Trusts -- Moody's upgrades Air Canada's CFR to Ba1, outlook stable

    Moody's Investors Service ("Moody's") upgraded Air Canada's Corporate Family Rating (CFR) to Ba1 from Ba2, Probability of Default rating to Ba1-PD from Ba2-PD, first lien senior secured rating to Baa3 from Ba1 and senior unsecured rating to Ba2 from Ba3. The outlooks for Air Canada and its Pass Through Trust Certificates remain stable. "The upgrade reflects Air Canada's stronger financial profile, whereby the company has continued to reduce leverage and has strengthened its flexibility with the acquisition of the Aeroplan program and increased the number of unencumbered planes it owns," said Jamie Koutsoukis, Moody's Vice President, Senior Analyst.

  • Lone 737 MAX criss-crossed Canada for pilot checks during grounding
    Reuters

    Lone 737 MAX criss-crossed Canada for pilot checks during grounding

    MONTREAL/PARIS (Reuters) - While the world's Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttling between Quebec and Ontario. In a rare exemption, approved by Canadian aviation regulator Transport Canada, the 11 flights in August and September were partly to maintain the qualifications of senior training pilots, Air Canada told Reuters in response to a query about flight tracking data. A spokesman for Air Canada said the airline was not able to use similar 737s within its fleet "to maintain check pilot authority in alignment with (Canadian aviation regulations)".

  • Moody's

    Massachusetts Port Authority -- Moody's assigns A1 to BOSFUEL Project's (MA) Special Facilities Revenue Bonds, Series 2019A (AMT) and 2019B (Taxable); outlook is stable

    Moody's Investors Service ("Moody's") has assigned an A1 to the BOSFUEL Project's $129.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019A (AMT) and $6.8 million Special Facilities Revenue Bonds (BOSFUEL Project), Series 2019B (Taxable), issued by the Massachusetts Port Authority ("Massport") on behalf of BOSFUEL. The A1 rating is driven by the strength of the cost recovery framework supporting the bonds.

  • Reuters

    UPDATE 1-Air Canada files challenge over Onex's C$3.5 bln buyout of rival WestJet

    Air Canada has challenged Onex Corp's proposed acquisition of WestJet Airlines, on grounds that the deal may not meet the country's ownership rules, according to a letter sent by the carrier to the Canadian Transportation Agency. Toronto-based Onex's planned C$3.5 billion ($2.6 billion) buyout of Calgary-based WestJet has received approval from the carrier's shareholders and some regulators, but the agency is still reviewing whether the deal meets Canada's protective ownership laws. Under Canadian rules, foreigners cannot own more than 49% equity in a Canadian airline.

  • Air Canada files challenge over Onex's C$3.5 billion buyout of rival WestJet
    Reuters

    Air Canada files challenge over Onex's C$3.5 billion buyout of rival WestJet

    Air Canada has challenged Onex Corp's proposed acquisition of WestJet Airlines , on grounds that the deal may not meet the country's ownership rules, according to a letter sent by the carrier to the Canadian Transportation Agency. Toronto-based Onex's planned C$3.5 billion ($2.6 billion) buyout of Calgary-based WestJet has received approval from the carrier's shareholders and some regulators, but the agency is still reviewing whether the deal meets Canada's protective ownership laws.

  • Is There More To Air Canada (TSE:AC) Than Its 6.7% Returns On Capital?
    Simply Wall St.

    Is There More To Air Canada (TSE:AC) Than Its 6.7% Returns On Capital?

    Today we'll evaluate Air Canada (TSE:AC) to determine whether it could have potential as an investment idea...

  • Benzinga

    Air Canada's Transat Purchase Faces Additional Government Scrutiny

    Air Canada (TSX:AC) will face an additional level of government scrutiny as it seeks to acquire Transat (TSX:TRZ), delaying the deal by as much as nine months. Transat also offers cargo services, which accounted for a portion of the C$135 million it recorded as "other" revenue in 2018.

  • Reuters

    UPDATE 1-Air Canada's planned Transat acquisition requires additional scrutiny -minister

    Air Canada's planned acquisition of Transat AT raises issues of public interest and will require additional scrutiny, including the impact on airline competition, before it can be approved, Canada's transport minister said on Monday. Transat shareholders overwhelmingly voted last week in favor of Air Canada's C$720 million ($542 million) or C$18-a-share bid for the tour operator. The deal between Canada's largest carrier and Transat, which runs leisure carrier Air Transat, would give Transat a 60% market share of select trans-Atlantic routes to and from Canada and would require domestic and European regulatory approvals.

  • Air Canada's planned Transat acquisition requires additional scrutiny: minister
    Reuters

    Air Canada's planned Transat acquisition requires additional scrutiny: minister

    Air Canada's planned acquisition of Transat AT raises issues of public interest and will require additional scrutiny, including the impact on airline competition, before it can be approved, Canada's transport minister said on Monday. Transat shareholders overwhelmingly voted last week in favor of Air Canada's C$720 million ($542 million) or C$18-a-share bid for the tour operator. The deal between Canada's largest carrier and Transat, which runs leisure carrier Air Transat, would give Transat a 60% market share of select trans-Atlantic routes to and from Canada and would require domestic and European regulatory approvals.