AC 📈 Air Canada - Overview

Air Canada operates a vast network of domestic, U.S. transborder, and international airline services, catering to a diverse range of customers. The company's scheduled passenger services are offered under multiple brand names, including Air Canada Vacations and Air Canada Rouge, allowing it to effectively target various market segments in the Canadian, Canada-U.S. transborder, and international markets. Through strategic capacity purchase agreements with regional carriers, Air Canada is able to expand its reach and provide seamless connectivity to its passengers.

The airline's fleet is comprised of a mix of narrow-body and wide-body aircraft, totaling 203 planes under the Air Canada brand name as of December 31, 2023. This includes 115 Airbus narrow-body aircraft and 88 Airbus wide-body aircraft, which provide the necessary capacity to operate a wide range of routes. Additionally, Air Canada operates 118 aircraft under the Air Canada Express brand name, featuring a variety of regional jets such as the Embraer 175, Mitsubishi CRJ-200, and De Havilland Dash 8-400. The Air Canada Rouge brand name consists of 40 aircraft, including Airbus A321, A320, and A319 planes, which are primarily used for leisure-focused routes.

Air Canada's air cargo services are a significant component of its operations, with a presence in approximately 50 countries worldwide. Key destinations include major cities such as Toronto, Miami, Atlanta, and Frankfurt, as well as smaller markets like Quito, Lima, and Guadalajara. The company's cargo network provides a vital link for businesses and individuals looking to transport goods across the globe. Furthermore, Air Canada develops, operates, and distributes vacation travel packages to a wide range of destinations, including the Caribbean, Mexico, Europe, and Asia, offering customers a convenient and hassle-free way to plan their trips.

In addition to its core airline services, Air Canada provides travel loyalty programs, allowing customers to earn and redeem rewards points for flights, upgrades, and other travel-related benefits. The company also offers cruise packages in popular regions like North America, Europe, and the Caribbean, catering to the growing demand for cruise vacations. With a rich history dating back to 1937, Air Canada is headquartered in Saint-Laurent, Canada, and is listed on the stock exchange with the ISIN CA0089118776, classified as a common stock under the GICS Sub Industry of Passenger Airlines.