Air Canada: More Share Buybacks. Q3 Earnings Breakdown

Air Canada (TSX: AC) investors had a positive reaction on Friday to the company’s third quarter financial results.

The positivity came despite declining financial performance on a year over year basis, although the quarter was notably impacted by a strike by the pilots union that led to uncertainty for travelers in late September. 

Whether this blip during what is peak season for the airline is an anomaly or the start of a trend remains to be seen.

Emerita Resources Corp. — sponsored Sponsored · Emerita Resources Corp.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

Small Businesses at Risk as CFIB Warns of Potential Air Canada Shutdown

The Canadian Federation of Independent Business (CFIB) has raised concerns about the potentially devastating effects...

Friday, September 13, 2024, 09:00:12 AM

Air Canada: BMO Reinstates Coverage With $33 Price Target

Last week, BMO Capital Markets reinstated their coverage on Air Canada (TSX: AC) after discontinuing...

Saturday, March 6, 2021, 10:17:00 AM

Air Canada Sued By Brinks Over $20 Million Gold Heist

Brink’s is suing Air Canada for nearly $20 million over an alleged theft of gold...

Friday, October 13, 2023, 02:14:00 PM

Trudeau Government Set to Begin Bailout Talks Despite Airlines Engaging In ‘Deceitful’ Customer Baiting Practices

The federal government has recently announced it will begin discussions regarding possible financial support for...

Monday, November 9, 2020, 02:15:00 PM

Air Canada’s $2 Billion Profit Boosted by Tax Gains, Revenue Weakness Exposed

Air Canada (TSX: AC) has reported a notable profit increase in the third quarter of...

Friday, November 1, 2024, 09:21:50 AM