Air Canada (ACDVF)

OTCMKTS: ACDVF · Delayed Price · USD
+0.48 (3.57%)
Dec 7, 2023, 3:01 PM EST - Market open
Market Cap 4.82B
Revenue (ttm) 15.70B
Net Income (ttm) n/a
Shares Out 75.87M
EPS (ttm) 4.31
PE Ratio 3.23
Forward PE 4.25
Dividend n/a
Ex-Dividend Date n/a
Volume 61,300
Open 13.54
Previous Close 13.45
Day's Range 13.54 - 13.93
52-Week Range 11.52 - 19.80
Beta 2.37
Analysts Strong Buy
Price Target 30.00 (+115.36%)
Earnings Date Feb 17, 2023


Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. As of December 31, 2022, it operated a fleet of 192 aircraft under the Air Canada mainline brand name comprising 110 Boeing and Airbus narrow-body aircraft, and 82 ... [Read more]

Industry Airlines
Sector Industrials
Founded 1937
Employees 35,400
Stock Exchange OTCMKTS
Ticker Symbol ACDVF
Full Company Profile

Financial Performance

In 2022, Air Canada's revenue was 16.56 billion, an increase of 158.69% compared to the previous year's 6.40 billion. Losses were -1.70 billion, -52.80% less than in 2021.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for ACDVF stock is "Strong Buy" and the 12-month stock price forecast is $30.0.

Price Target
(115.36% upside)
Analyst Consensus: Strong Buy


Air Canada lifts profit forecast on international travel rebound

Air Canada expects 2023 core profit towards the higher range of its previous forecast, it said, after beating third-quarter profit estimates on strong international travel demand.

5 weeks ago - Reuters

Air Canada Reports Third Quarter 2023 Financial Results

Operating revenues of $6.344 billion increased 19 per cent from the third quarter of 2022  Operating income of $1.415 billion, with an operating margin of 22.3 per cent, increased $771 million year ov...

5 weeks ago - PRNewsWire

Air Canada right to apologize over questioning of UK lawmaker -minister

Air Canada did the right thing in apologizing to a British lawmaker named Mohammad Yasin who was recently singled out for additional questioning while flying to and from Canada, the country's transpor...

6 weeks ago - Reuters

Brinks suing Air Canada for negligence and carelessness in relation to $17 million gold heist

(Kitco News) - One of Canada's biggest gold heists in history has a new twist as Air Canada is now being sued by Brinks.

2 months ago - Kitco

Brink's Reportedly Sues Air Canada For Negligence Over $17 Million Gold Heist

Air Canada allegedly failed to mark the shipment of nearly 900 pounds of gold as “valuable cargo” and provide adequate security, according to Bloomberg.

2 months ago - Forbes

Air Canada pilots stage protests in Toronto as contract deadline looms

Air Canada pilots staged a protest at Toronto's Pearson Airport on Friday, demanding better pay and benefits as talks over a new contract covering 4,500 pilots at Canada's largest carrier continue.

2 months ago - Reuters

Air Canada to operate as usual during informational picket by pilots union

Air Canada said on Wednesday it will operate the airline as usual when its pilots conduct an informational picket at the company's main hub, the Pearson International Airport, on Friday.

2 months ago - Reuters

Air Canada to buy 18 Boeing 787 jets

Air Canada said on Monday it had signed an agreement with Boeing to buy 18 widebody 787 Dreamliner jets, as the carrier looks to capitalize on strong travel demand and deploy fuel-efficient airplanes.

Other symbols: BA
2 months ago - Reuters

Boeing receives ‘firm order' from Air Canada for 18 Dreamliners

Air Canada said Monday that it has placed a “firm order” with Boeing Co. for 18 Boeing 787-10 Dreamliner aircraft, with deliveries scheduled to begin in the fourth quarter of 2025.

Other symbols: BA
2 months ago - Market Watch

Air Canada says unauthorised group briefly had access to internal system

Air Canada said on Wednesday an unauthorised group briefly had limited access to an internal Air Canada system that had personal information of some employees and certain records.

2 months ago - Reuters

Intelsat Selected by Air Canada for Expanded Fleet Connectivity

MCLEAN, Va.--(BUSINESS WIRE)--Air Canada and Intelsat, operator of one of the world's largest integrated satellite and terrestrial networks and leading provider of in-flight connectivity (IFC), today ...

3 months ago - Business Wire

Stack Capital Holding Hopper Partners With Air Canada

Air Canada customers benefit from greater freedom and flexibility when booking travel Air Canada customers benefit from greater freedom and flexibility when booking travel

3 months ago - GlobeNewsWire

Air Canada caps Yellowknife flight prices as crews battle wildfires

Air Canada said it is capping fares and adding flights on Thursday from Yellowknife, a northern Canadian city facing an evacuation order due to wildfires, as social media users complain of soaring pri...

4 months ago - Reuters

Air Canada Profits Soar - While Air Canada Flight Attendants Forced to Work for Free: CUPE

VANCOUVER, British Columbia--(BUSINESS WIRE)--The union representing 9,500 flight attendants at Air Canada says the company's quarterly profit of $838 million shows it is more than capable of giving i...

4 months ago - Business Wire

Air Canada Reports Second Quarter 2023 Financial Results

Operating revenues of $5.427 billion increased 36 per cent from the second quarter of 2022  Operating income of $802 million, with an operating margin of 14.8 per cent, compared to an operating loss o...

4 months ago - PRNewsWire

Advanced Sustainable Aviation Fuels Gain Momentum as AIR COMPANY Announces Collaboration with Air Canada

NEW YORK--(BUSINESS WIRE)--AIR COMPANY, the company converting Earth's excess carbon into a resource for sustainable industrial practices, today announced a strategic collaboration with Air Canada, Ca...

5 months ago - Business Wire

Air Canada explores possible use of lower-carbon plane fuel

Canada's largest airline has inked a deal seeking to bring in more lower-carbon aviation fuel from green hydrogen and carbon dioxide by 2025, Air Canada and its partner company told Reuters on Thursda...

5 months ago - Reuters

Air Canada Opens First Maple Leaf Lounge at San Francisco International Airport

Exclusive 165-seat space located in Terminal 2, features airline's first outdoor terrace, range of premium amenities Lounge provides elevated comfort and convenience to departing San Francisco custome...

5 months ago - PRNewsWire

Technical issues cause widespread delays for Spirit, Air Canada flights

MIRAMAR, Fla. — Spirit Airlines and Air Canada are dealing with technical issues on Thursday that have delayed some of the airlines' flights.

6 months ago - Market Watch

Air Canada says flights stabilizing as IT system recovers

Air Canada said that its IT systems were recovering after a technical issue earlier on Thursday affected flights for the second time in two weeks, leading to delays and cancellations.

6 months ago - Reuters

Air Canada pilots end 10-year contract framework, eye bargaining

Air Canada's pilots have ended a decade-long contract framework, opening the door to "full bargaining this summer," their union leadership said on Monday in a note to members seen by Reuters.

6 months ago - Reuters

Air Canada ground stop lifted after technical issue

Air Canada said on Thursday that a precautionary ground stop on its flights has been lifted after the country's largest carrier faced a technical issue.

7 months ago - Reuters

WestJet pay debate sets scene for Air Canada's pilots

A faceoff this week between WestJet Airlines and its pilots over pay could set the stage for aviators' demands in future bargaining with Air Canada.

7 months ago - Reuters

Air Canada nears 787 Dreamliners deal with Boeing -Bloomberg News

Air Canada is closing in on the purchase of up to 20 787 Dreamliners from Boeing Co to renew and expand its long-haul fleet, Bloomberg News reported on Wednesday, citing people familiar with the matte...

Other symbols: BA
7 months ago - Reuters

Air Canada's cargo sales sink 40% in 1st quarter

Air Canada on Friday reported first-quarter results that included a 40% drop in cargo revenue to CA$238 million ($177 million), primarily driven by less throughput in the Pacific market after the airl...

7 months ago - FreightWaves