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Latest Air Canada Stories

2014-08-27 16:21:56

MONTREAL, Aug. 27, 2014 /CNW Telbec/ - Air Canada President and Chief Executive Officer, Calin Rovinescu, today announced the following organizational re-alignment effective September 1, 2014. Benjamin Smith, previously Executive Vice-President and Chief Commercial Officer, is appointed to the new role of President, Passenger Airlines. In addition to his current responsibilities, Mr. Smith will now have cost as well as revenue oversight for passenger airline activities, with a...

2014-08-27 16:20:30

MONTREAL, Aug. 27, 2014 /CNW Telbec/ - Amos Kazzaz, Vice President, Financial Planning and Analysis, will make a presentation to investors at Cowen and Company 7th Annual Global Transportation & Aerospace/Defense Conference on Wednesday September 3, 2014 in Boston. What: Cowen and Company 7th Annual Global Transportation & Aerospace/Defense Conference When: Wednesday, September 3, 2014 at 9:30 a.m. ET Where: Boston...

2014-08-25 08:21:29

Citizens of the World details environmental, social and economic sustainability initiatives MONTREAL, Aug. 25, 2014 /CNW Telbec/ - Air Canada today released the 2013 edition of Citizens of the World, the airline's third corporate sustainability report. The document evaluates Air Canada's performance during 2013 in four key areas of sustainability: safety, the environment, the well-being of employees, and the company's community involvement. "Communities are important to Air...

2014-08-20 08:20:53

HALIFAX, Aug. 20, 2014 /CNW/ - Chorus Aviation Inc. ("Chorus") (TSX: CHR.B CHR.A) today announced a monthly dividend of $0.0375 per Class A and Class B share payable on or after September 17, 2014 to shareholders of record at the close of business on August 29, 2014. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States. About Chorus Headquartered in Halifax, Nova Scotia, Chorus was incorporated on September 27, 2010 and is a...

2014-08-14 08:20:37

Consistent quarterly profitability since 2006 HALIFAX, Aug. 14, 2014 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR.B CHR.A) today announced its second quarter 2014 earnings. Q2 2014 HIGHLIGHTS -- EBITDA(1 )of $50.7 million, up 5.7%. -- Operating income of $34.3 million, up 8.1%. -- Adjusted net income(1) of $22.2 million, up 3.6%. -- Adjusted net income per share(1) of $0.18 per basic share, up 5.9%. -- Net income of $36.5 million. -- Net income per share...

2014-08-14 04:21:32

MONTREAL, Aug. 14, 2014 /CNW Telbec/ - Aimia Inc. (TSX: AIM), a global leader in loyalty management, today announces the launch of a strategic partnership with Continente, Portugal's leading retailer from Sonae Group, to support a deeper understanding of its customers. This partnership will provide Continente with the ability to understand the needs of its customers through its loyalty program, Continente card. This will enable Continente to make better strategic and...

2014-08-13 16:20:41

TORONTO, Aug. 13, 2014 /CNW/ - The Transportation Safety Board of Canada (TSB) is deploying a team of investigators to MacDonald-Cartier International Airport in Ottawa, Ontario, where an Air Canada Jazz aircraft was diverted due to reported smoke in the cabin. The TSB will gather information and assess the occurrence. The TSB is an independent agency that investigates marine, pipeline, railway and aviation transportation occurrences. Its sole aim is the advancement of...

2014-08-12 12:21:11

MONTREAL, Aug. 12, 2014 /CNW Telbec/ - This year's Air Canada Foundation golf tournament raised a record of over $1,000,000 in support of organizations focused on health and wellbeing of children in Canada. Now in its third year, the tournament was held Monday, August 11(th), at the Saint Raphaël Golf Club, Québec. The event featured 73 teams totaling 292 golfers from across North America. It included a full day of golf followed by dinner and silent and live auctions of items...

2014-08-07 08:28:54

Adjusted net income increased 21 per cent to $139 million MONTREAL, Aug. 7, 2014 /CNW Telbec/ - Air Canada today reported second quarter adjusted net income ((1)) of $139 million or $0.47 per diluted share compared to adjusted net income of $115 million or $0.41 per diluted share in the second quarter of 2013, an improvement of $24 million or 21 per cent. EBITDAR ((1)) (earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent) amounted to $456...

2014-08-06 16:20:45

Traffic increased 12.7 per cent on capacity increase of 11.4 per cent MONTREAL, Aug. 6, 2014 /CNW Telbec/ - For the month of July, Air Canada reported a record system load factor of 86.7 per cent, versus 85.6 per cent in July 2013, an increase of 1.1 percentage points on a system-wide capacity increase of 11.4 per cent. On this additional capacity, system wide traffic for July increased 12.7 per cent. Air Canada reports traffic results on a system-wide basis, including Air...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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