Streetbeat News

ACDVF

Air Canada Inc.

https://www.aircanada.com/ca/en/aco/home.html#/

CEO

Calin Rovinescu

Employees

35,730

Industry

Scheduled Passenger Air Transportation

Open

16.69

Mkt cap

6.2B

Volume

12K

High

17.08

P/E Ratio

3.47

52-wk high

17.08

Low

16.69

Div yield

N/A

52-wk low

10.16

Air Canada and the pilots' union ALPA have reached a tentative four-year contract agreement, pending ratification. This agreement acknowledges the pilots' contributions and sets a framework for Air Canada's future growth.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:37 am

National Bank Financial Inc analyst Cameron Doerksen maintains an Outperform rating on Air Canada (OTC:ACDVF) but lowers the price target from $30 to $28.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 5:58 pm

Air Canada has been granted the right to test a flight attendant's hair for drugs following reports of misconduct. The decision, made by a federal labor arbitrator, allows the airline to ensure safety despite union objections regarding privacy and personal life rights.

Portfolio Pulse from Nina Zdinjak

May 31, 2024 | 7:20 pm

Air Canada (OTC:ACDVF) was ordered to refund a passenger misled by its chatbot about bereavement fares. The airline argued the chatbot was a separate legal entity, but the tribunal ruled against it, ordering a partial refund. This case highlights the legal and operational challenges companies face with AI chatbots, amid growing reliance on such technology across various sectors.

Portfolio Pulse from Ananya Gairola

February 19, 2024 | 7:28 am

Passengers on Delta Air Lines, Inc. (NYSE:DAL) and Air Canada (OTC:ACDVF) flights recently faced discomfort due to incidents involving bodily fluids. On an Air Canada flight, passengers were asked to sit in seats wet with vomit, leading to their removal from the plane and a 31-minute delay. On a Delta flight, a passenger's severe gastrointestinal distress caused an emergency return to Atlanta, resulting in an eight-hour delay. Both airlines faced criticism for their handling of the situations.

Portfolio Pulse from AJ Fabino

September 06, 2023 | 3:55 pm

Air Canada reported Q2 earnings of C$1.85 per share, beating the analyst consensus estimate of C$0.68 by 172.06%. This is a 215.63% increase over losses from the same period last year. The company also reported quarterly sales of C$5.43 billion, beating the analyst consensus estimate of C$5.14 billion by 5.58%, a 36.32% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 11:06 am

Apple Inc (AAPL) has complied with Chinese AI regulations by removing over a hundred ChatGPT-like apps from its China store. Air Canada (ACDVF) plans to offer Apple TV+ programming on its flights. Apple's Q3 results are awaited with high expectations, with strong iPhone revenues and growth in the Chinese market anticipated.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:49 am

Citigroup analyst Stephen Trent has maintained a 'Buy' rating on Air Canada (OTC:ACDVF) and raised the price target from C$26 to C$30.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 10:51 am

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