American Airlines Struggles to Meet Surge in Travel Demand, Forced to Cancel Hundreds of Flights
American Airlines has announced it was forced to cancel hundreds of flights over the weekend with further disruptions slated for
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Airlines
Air Canada Senior Execs to Return 2020 Bonuses Following Ire From Ottawa
Despite receiving $5.9 billion in emergency government aid to help alleviate pandemic-related financial hardships, it appears that Air Canada’s top
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Air Canada: BMO Reiterates $33 Price Target Following Roadshow
BMO Capital Markets hosted Air Canada (TSX: AC) EVP and CFO Amos Kazzaz as well as the director of communications
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Canadian Federal Government Launches $740 Million for Airport Funding
Canada’s federal government is planning to launch a series of programs aimed at the country’s aviation sector, with hundreds of
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Transat Borrows $700 Million From Canadian Government
Transat A.T. Inc. (TSX: TRZ) announced this morning that it has entered into an agreement with the Government of Canada
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IATA: Airlines Slated to Lose $48 Billion in 2021 as Travel Restrictions Continue
Global airline carriers could face up to $48 billion in losses this year, as the sector continues to struggle through
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Air Canada Reaches Deal with Government for $5.9 Billion in Loans, Equity
Air Canada has announced it has finally reached an agreement with the Canadian federal government for a much-anticipated aid package
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Global Air Passenger Traffic Continues to Decline Amid Tightened Travel Restrictions
The demand for air travel continues to plunge even further despite being a year into the pandemic, as numerous countries
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Air Canada: BMO Reiterates Price Target Following Scrapping Of Air Transat Deal
On Friday, Air Canada (TSX: AC) announced that they had agreed to terminate their acquisition of Transat A.T. The company
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Air Canada: BMO Reinstates Coverage With $33 Price Target
Last week, BMO Capital Markets reinstated their coverage on Air Canada (TSX: AC) after discontinuing their coverage since mid-2019. They
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