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Air Canada (AC.TO)

AC.TO on Toronto Stock Exchange

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24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Air Canada Announces Departure Of Benjamin Smith
Thursday, 16 Aug 2018 02:08pm EDT 

Aug 16 (Reuters) - Air Canada ::AIR CANADA ANNOUNCES DEPARTURE OF BENJAMIN SMITH, PRESIDENT, AIRLINES AND CHIEF OPERATING OFFICER.SAYS BENJAMIN SMITH WILL RESIGN HIS POSITION EFFECTIVE AUGUST 31, 2018.SAYS BENJAMIN SMITH WILL RESIGN TO ACCEPT ROLE AS CEO AT EUROPEAN-BASED GLOBAL AIRLINE.  Full Article

Air Canada Says Prepared For Potential Labour Disruptions At WestJet
Thursday, 26 Apr 2018 10:54am EDT 

April 26 (Reuters) - Air Canada ::SAYS READY TO ADJUST SCHEDULES AND CAPACITY TO LIMIT DISRUPTIONS FOR TRAVELING PUBLIC IN EVENT OF LABOUR DISRUPTION AT WESTJET.  Full Article

Air Canada To Launch Daily, Seasonal Flights Between Calgary And Palm Springs
Wednesday, 7 Mar 2018 10:40am EST 

March 7 (Reuters) - Air Canada ::AIR CANADA - WILL LAUNCH DAILY, SEASONAL FLIGHTS BETWEEN CALGARY AND PALM SPRINGS, AND BETWEEN EDMONTON AND LAS VEGAS STARTING OCTOBER 28, 2018.  Full Article

Air Canada To Launch New Service To Kauai, Double Frequency Of Western Canada Flights To Hawaii With New Boeing 737 Max Fleet
Wednesday, 7 Mar 2018 10:13am EST 

March 7 (Reuters) - Air Canada ::AIR CANADA TO LAUNCH NEW SERVICE TO KAUAI, DOUBLE FREQUENCY OF WESTERN CANADA FLIGHTS TO HAWAII WITH NEW BOEING 737 MAX FLEET.  Full Article

Air Canada Q4 Earnings Per Share C$0.02
Friday, 16 Feb 2018 06:00am EST 

Feb 16 (Reuters) - Air Canada ::REPORTS 2017 ANNUAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE C$0.22.Q4 GAAP EARNINGS PER SHARE C$0.02.QTRLY OPERATING REVENUES C$ 3,820 MILLION VERSUS C$ 3,425 MILLION REPORTED LAST YEAR.QTRLY PASSENGER REVENUE PER RPM ("YIELD") 17.1 CENTS VERSUS 16.9 CENTS.AIR CANADA EXPECTS POSITIVE FREE CASH FLOW IN THE RANGE OF $250 TO $500 MILLION IN 2018.Q4 EARNINGS PER SHARE VIEW C$0.14, REVENUE VIEW C$3.75 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY PASSENGER REVENUE PER ASM ("PRASM") 13.7 CENTS VERSUS 13.5 CENTS.FOR FIRST QUARTER OF 2018, EXPECTS ADJUSTED CASM TO INCREASE 2.0 TO 3.0 PER CENT WHEN COMPARED TO THE FIRST QUARTER OF 2017.QTRLY ADJUSTED CASM 11.3 CENTS VERSUS 11.4 CENTS.FOR FY 2018, EXPECTS ADJUSTED CASM TO RANGE BETWEEN A DECREASE OF 0.5 PER CENT TO INCREASE OF 1.5 PER CENT COMPARED TO FULL YEAR 2017.A TAX EXPENSE OF $16 MILLION AFFECTED FOURTH QUARTER AND FULL YEAR 2017 ADJUSTED NET INCOME RESULTS.FOR FY 2018, EXPECTS AIRCRAFT MAINTENANCE EXPENSE TO INCREASE BY APPROXIMATELY $140 MILLION FROM THE FULL YEAR 2017.  Full Article

Air Canada Pilots Association Elects New Chair Of Governing Council
Wednesday, 7 Feb 2018 03:33pm EST 

Feb 7 (Reuters) - Air Canada Pilots Association::AIR CANADA PILOTS ASSOCIATION ELECTS NEW CHAIR OF GOVERNING COUNCIL.‍AIR CANADA PILOTS ASSOCIATION - ELECTED MATT HOGAN AS CHAIR AT A SPECIAL MEETING OF ITS MASTER ELECTED COUNCIL​.‍AIR CANADA PILOTS ASSOCIATION SAYS MATT HOGAN'S ONE-YEAR TERM WILL RUN FROM MARCH 1, 2018 UNTIL MARCH 31, 2019.  Full Article

Air China And Air Canada Expand Strategic Cooperation
Tuesday, 12 Dec 2017 04:19pm EST 

Dec 12 (Reuters) - Air Canada ::AIR CHINA AND AIR CANADA EXPAND STRATEGIC COOPERATION, STRENGTHENING CANADA-CHINA NETWORK IN ADVANCE OF FULL JOINT VENTURE.- AIR CHINA TO PLACE ITS CODE ON AIR CANADA'S NEW DAILY MONTREAL-SHANGHAI FLIGHT.- AIR CHINA TO ALSO PLACE ITS CODE ON AIR CANADA'S FLIGHTS FROM VANCOUVER TO VICTORIA, KELOWNA, SASKATOON, AND REGINA.SAYS ‍EXPANDED CODESHARE COOPERATION IS PLANNED TO COME INTO EFFECT IN APRIL 2018​.- CO TO PLACE CODE ON AIR CHINA'S FLIGHTS BETWEEN BEIJING & ZHENGZHOU, XIAMEN, SHENZHEN & NANJING, AIR CHINA'S FLIGHT BETWEEN MONTREAL-HAVANA.- BOTH CARRIERS HAVE ALSO IMPLEMENTED AN EXPANDED LOUNGE AGREEMENT.  Full Article

Air Canada Says Air Canada Rouge To Launch Non-Stop Montreal-Victoria Flights For Summer 2018
Friday, 1 Dec 2017 07:03am EST 

Air Canada ::AIR CANADA SAYS AIR CANADA ROUGE TO LAUNCH NON-STOP MONTREAL-VICTORIA FLIGHTS FOR SUMMER 2018.  Full Article

Air Canada partners with Adyen to expand local payment methods
Wednesday, 1 Nov 2017 07:00am EDT 

Nov 1 (Reuters) - Air Canada :Air Canada expands acceptance of alternative payments for international transactions to support global growth strategy.Air Canada - ‍announced a partnership with Adyen that will expand range of local payment methods available to customers​.  Full Article

Air Canada establishes automatic share purchase plan
Friday, 27 Oct 2017 06:00am EDT 

Oct 27 (Reuters) - Air Canada :Air Canada establishes automatic share purchase plan.Normal course issuer bid to purchase for cancellation, up to 22.4 million class A variable voting shares and class B voting shares​.Issuer bid commenced on May 31, 2017 and is scheduled to terminate on May 30, 2018​.  Full Article

Air Canada Boeing 777 makes safe emergency landing at Tokyo's Haneda: official

TOKYO An Air Canada Boeing 777 made a safe emergency landing with no injuries at Tokyo's Haneda airport on Friday after reporting engine trouble, a Japanese transport ministry official said.