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Air Canada stock tops among North American network carriers

Air Canada shares outperformed those of all its North American network carrier peers for the second consecutive year in 2017.

During a year in which it celebrated its 80th anniversary, the airline set a number of company financial records and won major awards for customer service and employee engagement.

“Air Canada performed very strongly in 2017, fulfilling its commitments to investors, customers, employees and other stakeholders. Such achievements speak to the success of the ongoing transformation of our company and its power to deliver value to shareholders,” said Air Canada president Calin Rovinescu.

“In the third quarter of 2017 alone we set nine financial records for Air Canada, including EBITDAR, liquidity and passengers carried. We were named the Best Airline in North America by Skytrax, and for the fifth consecutive year we were ranked among Canada’s Top 100 Employers. Moreover, we expanded our global network with 29 new routes and continued to renew our fleet with the delivery of nine new Boeing 787 Dreamliners, the first of our new narrow body Boeing 737 MAX aircraft, and we unveiled a stunning new aircraft livery to signal our transformation.”

Travel Courier Issue Date: Jan 25, 2018
Posted in Air



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