Air Canada (ACDVF)
| 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 |
About ACDVF
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for ACDVF stock is "Strong Buy" and the 12-month stock price forecast is $30.0.
News
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.
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...
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...
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.
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.
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.
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.
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.
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.
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.
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 ...
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
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...
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...
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...
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...
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...
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...
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.
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.
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.
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.
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.
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...
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...