Air Canada: More Share Buybacks. Q3 Earnings Breakdown
Air Canada (TSX: AC) investors had a positive reaction on Friday to the company’s third quarter financial results.
The positivity came despite declining financial performance on a year over year basis, although the quarter was notably impacted by a strike by the pilots union that led to uncertainty for travelers in late September.
Whether this blip during what is peak season for the airline is an anomaly or the start of a trend remains to be seen.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
