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Air Canada (TSX:AC) Stock: At Last, Time to Buy?

Air Canada (TSX:AC) Stock: At Last, Time to Buy?
fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.

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Air Canada sees steady return to normal bookings

Air Canada sees steady return to normal bookings
28 Jul 2021, 12:18 GMT+10
TORONTO, Canada: Air Canada is projecting increased domestic and U.S.-bound flight bookings by this winter as travel restrictions ease.
At the same time, the airline reported a larger-than-expected quarterly loss on Friday.
We are seeing steadily increasing bookings for the domestic, trans-border and Atlantic markets, and to sun destinations for the coming winter, Chief Executive Michael Rousseau told analysts. In fact, for the next winter sun travel, future bookings during some weeks in June were ahead of the same period in 2019.
After a 16-month closure of the U.S.-Canada border, Canada will admit fully vaccinated U.S. tourists beginning August 9. ....

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Air Canada anticipating recovery in demand as travel restrictions are eased

Air Canada anticipating recovery in demand as travel restrictions are eased
obj.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from obj.ca Daily Mail and Mail on Sunday newspapers.

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Air Canada anticipating recovery in demand as travel restrictions are eased

Air Canada is anticipating a recovery in demand in the coming months as travel restrictions are eased and leisure passengers look to get away after being grounded by COVID-19.
Although overall bookings remain below pre-pandemic levels, customer interest began to increase in June with the elimination of quarantines for fully vaccinated returning Canadians and the removal of other travel restrictions.
“We can now optimistically say that we are turning a corner, and we expect to soon see correlated financial improvements,” CEO Michael Rousseau said Friday during a conference call.
“Indications are that the worst effects of the COVID-19 pandemic may now be behind us. Based on what we are seeing in other markets that are further along in reopening in Canada, we anticipate travel will resume at a quickening pace.” ....

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Coronavirus: Air Canada anticipating recovery in demand as travel restrictions are eased

Coronavirus: Air Canada anticipating recovery in demand as travel restrictions are eased
ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctvnews.ca Daily Mail and Mail on Sunday newspapers.

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