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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Airlines
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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IATA Expected to Launch Covid-19 Travel Pass by March
The International Air Transport Association (IATA) recently announced that it will launch its official Covid-19 travel pass by March, which
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Air Canada Refuses to Reveal State of Passenger Refunds Despite Seeking Bailout Package: Advocacy Group
One consumer advocacy group suggests that Air Canada has not been forthright about its customer refunds, despite still requesting financial
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IATA: Global Passenger Traffic Plummeted 66% in 2020
Global air passenger levels suffered a dramatic drop in 2020, after numerous countries imposed tough border restrictions in order to
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Sunwing Receives $375M Federal Emergency Loan to Preserve Jobs
Canada’s airline sector was dealt yet another blow, following Prime Minister Justin Trudeau’s latest ban on outgoing flights to warm
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Air Canada Makes Further Job Cuts, Reduces Capacity Amid Renewed Covid-19 Restrictions
As a new wave of lockdown restrictions sweeps across many regions in Canada, the demand for air travel continues to
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WestJet Threatens More Route Cuts in Response to Trudeau’s Covid-19 Rules
With coronavirus cases continuing to rise across Canada, Prime Minister Justin Trudeau recently announced that travellers will need to provide
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