|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.22 - 16.59|
|52 Week Range||14.95 - 24.58|
|Beta (5Y Monthly)||2.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Air Canada sees higher-margin business travel coming "quite close" to pre-pandemic levels by as early as September, in the latest encouraging sign for the once hard-hit sector, a top executive told Reuters. Globally, business travel has lagged leisure in bouncing back from a COVID-19-induced slump, but airlines say it is now rebounding in North America as offices reopen and COVID restrictions ease. Air Canada said earlier this year it expects business travel to reach 40% below 2019 levels by June, and return to 75% to 80% of pre-pandemic levels by 2023.
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Canadian flight attendants are demanding pay for time on the ground as well as in-flight, as they have recently endured delays, sometimes for hours, at the country's busiest airport due to staff shortages, health checks and rising traffic. The Canadian Union of Public Employees (CUPE) said its members are increasingly working for free, as some arriving planes are held up at the gate at Toronto's Pearson International Airport, in some cases up to three hours. U.S. flight attendants in contract talks with carriers like American Airlines also are seeking to be paid during boarding.