|Bid||32.55 x 0|
|Ask||32.60 x 0|
|Day's Range||32.00 - 32.68|
|52 Week Range||20.33 - 35.50|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||54.32|
|Earnings Date||May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.27|
Air Canada (TSX:AC)(TSX:AC.B) has been on an incredibly long bull run, and Bombardier, Inc. (TSX:BBD.B) could be in for a huge turnaround, but when it comes to long-term investments, one definitely beats the other.
On Wednesday, Canadian Transport Minister Marc Garneau called for pilots to receive simulator training for Boeing’s new 737 MAX software, going beyond a draft report by a U.S. Federal Aviation Administration-appointed board, which recommended additional training without requiring a simulator. Boeing is working to deliver to global regulators a software update and new training proposals for the MAX following a Lion Air crash in Indonesia in October and an Ethiopian crash in March, which killed 346 people combined.
Héroux-Devtek Inc. (TSX:HRX) is looking like a solid long-term investment, but has the market miscalculated the odds for some of its competitors?
The worldwide grounding of the Boeing 737 MAX aircraft will weigh on Air Canada and WestJet Airlines Ltd.’s earnings results for the first half of the year.
Showdown! Both Air Canada (TSX:AC)(TSX:AC.B) and WestJet Airlines Ltd. (TSX:WJA) are formidable companies. Should you prefer one over the other for your portfolio today?
MONTREAL — Air Canada chief executive Calin Rovinescu enjoyed a leap in total compensation to $11.5 million last year, up 28 per cent from $9 million in 2017.Total compensation for the carrier's top six executives reached $24.9 million in 2018, a 24 per cent jump from $20.1 million the year before, according to the proxy circular ahead of Air Canada's May 6 annual meeting.Rovinescu's direct compensation amounted to $8.9 million, with a raise to $10.4 million planned for 2019.The direct compensation comprised a base salary of $1.4 million, share-based and option-based awards of $5.6 million, and a pension value of about $1 million.Rovinescu, who has headed the Montreal-based airline since 2009, also received a bonus of $3.5 million.The pay bump came amidst record revenues of $18.07 billion in 2018, despite a plunge in net income to $167 million from $2.03 billion a year earlier. Companies in this story: (TSX:AC)The Canadian Press
For reasonable long-term returns, climb aboard stocks like Canadian Pacific Railway Ltd. (TSX:CP)(NYSE:CP).
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A look at the shareholders of Air Canada (TSE:AC) can tell us which group is most powerful. Institutions often own share...
MONTREAL , April 8, 2019 /CNW Telbec/ - Air Canada today launched an expansive multi-media advertising campaign to showcase for customers the industry leading attributes and benefits of its award-winning, ...
MONTREAL , April 4, 2019 /CNW Telbec/ - Air Canada's industry-leading position among North American carriers has been reaffirmed at the PAX International Readership Awards, where the airline won for Outstanding ...
Canada's largest carrier said it would put off the launch of at least five seasonal routes, including delaying its Vancouver to Boston service to June 16 from June 1. Montreal-based Air Canada said a previously-announced halting of flights from two Eastern Canadian cities to London's Heathrow airport would now remain suspended until May 31. Air Canada, which previously suspended its 2019 financial forecasts, has removed 24 MAX jets from its flight schedule until July 1, following grounding of the Boeing jets after two recent crashes involving the model.
MONTREAL , April 2, 2019 /CNW Telbec/ - Air Canada's today was named the North American airline with the best Business Class by TripAdvisor's Travellers' Choice Airlines awards for 2019. "We are very ...
Air Canada has revised its schedule through to the end of May due to the continued grounding of its Boeing 737 Max aircraft. The airline says it expects to cover 98 per cent of previously planned flying for the month through a several measures, including schedule changes and temporary route suspensions. Transport Canada grounded the Boeing 737 Max aircraft last month as part of an international response to the crash of an Ethiopian Airlines plane on March 10.
MONTREAL, April 2, 2019 /CNW Telbec/ - Air Canada said today that due to Transport Canada's continued closure of Canadian airspace to the Boeing 737 MAX aircraft, it has further adjusted its schedule through to May 31. The carrier anticipates it will cover 98 per cent of previously planned flying for the month through a series of mitigation measures, schedule changes and temporary route suspensions. "Air Canada assures its customers that we are doing everything possible to mitigate the effects of the 737 MAX grounding, and we appreciate our customers' patience and flexibility as we continue to work on transporting them safely to their destinations.
Air Canada (TSX:AC)(TSX:AC.B) and WestJet Airlines Ltd. (TSX:WJA) stocks are risky bets ahead of earnings as a recession indicator lit up in late March.
FRANKFURT/WASHINGTON (Reuters) - Anglo-German tour operator TUI became the latest Boeing 737 MAX operator to warn of a hit to its profits as the U.S. planemaker moved to restore confidence in its best-selling model after two fatal crashes that have grounded the planes worldwide. TUI said it was planning for the planes to remain grounded until at least the middle of July, costing it upwards of 200 million euros ($224 million) in core profit, with "considerable uncertainty" about when the 737 MAX would return to service. Boeing hopes a software fix that it plans to introduce may address a problem common to both accidents that killed a total of 346 people, as investigators into the two accidents focus on new anti-stall software known as MCAS.
Recent headwinds across the entire airline sector have many investors wondering whether Air Canada (TSX:AC)(TSX:AC.B) is still a viable long-term investment option.
Following Warren Buffett's advice of buying during market downturns, you could have made a tidy profit on Air Canada (TSX:AC) shares.
MONTREAL, March 26, 2019 /CNW Telbec/ - The Air Canada Foundation is pleased to announce that, to further strengthen its partnership with Children's Miracle Network (CMN), all funds raised in 2019 on board Air Canada and Air Canada Rouge flights through the "Every Bit Counts" program will be remitted to the 14 CMN paediatric member hospitals in Canada. "Over the years, Air Canada and the Air Canada Foundation have made a direct impact in local communities across Canada through a unique combination of grants to children's hospitals, airline tickets and Aeroplan Miles donations.
If you're looking for where to put that $6,000 TFSA cash, look no further than Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and Air Canada (TSX:AC)(TSX:AC.B).