04:08:45 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Air Canada
Symbol AC
Shares Issued 358,469,286
Close 2023-11-20 C$ 18.12
Market Cap C$ 6,495,463,462
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Globe/CP say Air Canada will get you there eventually

2023-11-21 08:57 ET - In the News

Also In the News (C-ONEX) Onex Corp

The Globe and Mail reports in its Tuesday edition that the country's two biggest airlines ranked last for on-time performance among large North American carriers last month, a new report has found. A Canadian Press dispatch to The Globe says that nearly 28 per cent of Air Canada flights, or more than 8,700, landed late in October, placing the company ninth out of 10 airlines on the continent, according to aviation data company Cirium. Onex's WestJet Airlines came last with nearly 29 per cent of arrivals touching down late -- defined as more than 15 minutes after scheduled arrival. The two airlines' on-time percentages hit 72 per cent and 71 per cent, respectively, falling short of the North American average of 80 per cent. Further, North America posted the lowest performance of any of the regions tracked in the report, including Europe, Latin America and the Middle East and Africa. Delta Air Lines, United Airlines, Alaska Airlines and American Airlines all enjoyed numbers north of 85 per cent. Nonetheless, CP notes that Air Canada's outcome marks an improvement from its tally of 68 per cent the previous month and represents an even bigger gain from the summer. Air Canada and WestJet declined to comment on the report.

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