News
ACDVF
13.52
-8.89%
-1.32
CANADA STOCKS-Toronto stocks rise on energy boost, rate-cut optimism
Toronto stocks rise on energy boost, rate-cut optimism TSX up 0.2% Air Canada reports bigger-than-expected loss, shares drop Bausch Health down after Q1 results Macklem says BoC closer to being able to cut rates. Bank of Canada's main stock index boosted by gains in energy shares. Positive comments on interest rates from BoC and U.S. Federal Reserve lifted sentiment.
Reuters · 2h ago
Air Canada reports results for the quarter ended in January - Earnings Summary
Air Canada reports a quarterly adjusted loss of 27 cents per share for the quarter ended in January. Revenue rose 6.9% to $5.23 billion from a year ago. The company reported a quarterly loss of C$81 million. Air Canada shares had risen by 4.3% this quarter.
Reuters · 3h ago
AIR CANADA EXEC SAYS HAVE SOME CHALLENGES WITH AIRBUS A220 ENGINES
Reuters · 5h ago
AIR CANADA CEO SAYS CORPORATE DEMAND REMAINS STEADY AS CO SEES POSITIVE GROWTH IN Q2 FROM NORTH AMERICA - CONF CALL
Reuters · 5h ago
AIR CANADA EXEC SAYS INTO Q2 WE SEE SOME VERY ENCOURAGING SIGNS ON CORPORATE DEMAND TO THE TUNE OF 10% TO 20% GREATER YOY
Reuters · 5h ago
AIR CANADA EXEC SAYS LABOR EXPENSES INCREASED 21% IN THE QTR
Reuters · 5h ago
AIR CANADA CEO SAYS WILL BE DISCUSSING COMPENSATION WITH RTX ENGINEMAKER PRATT AND WHITNEY
Reuters · 5h ago
CANADA STOCKS-TSX futures rise on energy boost, BoC Governor's rate optimism
TSX futures rise on energy boost, BoC Governor's rate optimism. U.S. Federal Reserve kept interest rates steady on Wednesday. Oil prices rebounded from three days of losses. Bank of Canada Governor Tiff Macklem's comments on rates lifted sentiment. Air Canada reports lower-than-expected first-quarter profit.
Reuters · 6h ago
Air Canada Exhibits Strong Q1 Growth
TipRanks · 6h ago
Air Canada reports Q1 earnings; initiates Q2 and reaffirms FY24 outlook
Air Canada reports Q1 earnings; initiates Q2 and reaffirms FY24 outlook. Air Canada plans to increase its ASM capacity by about 7% in the second quarter of 2024. The company is reiterating its full year 2024 guidance for the same period. The airline reported revenue of C$5.23B in Q1.
Seeking Alpha · 7h ago
UPDATE 3-Air Canada reports wider-than-expected loss, shares drop
Air Canada reports wider-than-expected first-quarter loss, shares drop more than 5% in Toronto. Air Canada says corporate demand is up 10% to 20% in the second quarter. The airline is struggling with higher operating costs tied to labor and aircraft maintenance. Canada's largest carrier also sees a rebound in business travel.
Reuters · 7h ago
UPDATE 2-Air Canada reports bigger loss than market expectations as costs rise
Air Canada reports bigger first-quarter loss than market expectations as costs rise. Operating expenses rose 6% to C$5.22 billion. Canada's largest carrier benefited from a rebound in business travel. Air Canada reaffirms 2024 core profit forecast for the country's largest airline.
Reuters · 7h ago
Air Canada reports smaller adjusted loss on business travel rebound
Air Canada reports smaller first-quarter adjusted loss on business travel rebound. Canada's largest carrier benefited from a rebound in bookings for business travel. Air Canada's adjusted loss to C$96 million, down from C$188 million in the first quarter of 2013. The company reported a smaller adjusted loss of C$69 million.
Reuters · 7h ago
BRIEF-Air Canada Q1 Revenue CAD 5,226 Million Vs. IBES Estimate CAD 5,187 Million
Reuters · 7h ago
AIR CANADA REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS
Reuters · 7h ago
AIR CANADA: FOR Q2 OF 2024, AIR CANADA PLANS TO INCREASE ITS ASM CAPACITY BY ABOUT 7% FROM SAME QUARTER IN 2023.
Reuters · 7h ago
AIR CANADA - FOR FULL YEAR 2024, WE REMAIN CERTAIN OF OUR ABILITY TO GENERATE SIGNIFICANT FREE CASH FLOW
Reuters · 7h ago
AIR CANADA: SEE A CONTINUED HEALTHY DEMAND ENVIRONMENT
Reuters · 7h ago
What to Watch in the Day Ahead - Thursday, May 2
Apple's revenue is expected to decline 5% and would mark the fifth instance of topline drop in the past six quarters. U.S. Census Bureau data expected to show factory orders for March rose 1.6% and international trade deficit likely widened to $69.1 billion. Moderna expected to report first-quarter earnings.
Reuters · 22h ago
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About ACDVF
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.