Air Canada (ACDVF)

$19.23 0.17 (0.89%)

12:52 EST ACDVF Stock Quote Delayed 30 Minutes

Volume:

Previous Close -

Market Cap 5.24B

PE Ratio -

EPS -

Volume (Avg. Vol.) 66,822

Day's Range 18.78 - 20.00

52-Week Range 6.49 - 40.31

Dividend & Yield N/A (N/A)

ACDVF Stock Predictions, Articles, and Air Canada News

From the Web

Boeing 737 MAX Jets Could Be Ungrounded Next Week: Report

From Benzinga Nov 10, 2020

Boeing Co’s (NYSE: BA) 737 MAX jets may be ungrounded next week as the United States Federal Aviation Administration is in the final stages of reviewing changes to the jet,...

Air Canada raises cash with sale-leaseback transactions (OTCMKTS:ACDVF)

From Seeking Alpha Oct 8, 2020

Air Canada (OTCQX:ACDVF) says it recently completed sale and leaseback transactions for three Boeing 737 MAX 8 aircraft with Jackson Square Aviation and six Boeing 737 MAX 8 aircraft with Avolon Aerospace Leasing Limited.

Airline Cargo Divisions Finally Gain A Little R-E-S-P-E-C-T

From Benzinga Sep 30, 2020

Air cargo is the cash cow for many passenger airlines during the coronavirus pandemic, an unusual result of decimated travel demand forcing passenger networks to shut down and...

Air Canada closes longer-term refinancings for short-term facilities (OTCMKTS:ACDVF)

From Seeking Alpha Sep 23, 2020

Air Canada (OTCQX:ACDVF) recently completed two longer-term refinancing transactions for ~$1.52B, replacing short-term facilities.The first transaction consists of a committed secured facility worth $787.7M to finance Air Canada's purchase of the first 18 Airbus A220 aircraft; term of 12 years from delivery of each aircraft on a CDOR floating interest basis.Any amount left unpaid under the Bridge Financing will be repaid post the 18 A220 aircraft financing expected in 1Q21.The second transaction consists of a private placement of two tranches (combined face amount of $552.6M and weighted average interest rate of 5.73%) of Enhanced Equipment Trust Certificates.Proceeds of above mentioned will be used to purchase equipment notes issued by Air Canada and secured by three Boeing 787-9 aircraft, three Boeing 777-300ER aircraft, one Boeing 777-200LR and nine A321-200 aircraft.Proceeds along with cash on hand will be used to repay in full the $600M 364-day term loan originally put in place in April 2020.

Manufacturing defect found in Boeing Dreamliners (NYSE:BA)

From Seeking Alpha Aug 28, 2020

Boeing (NYSE:BA) has discovered two "distinct manufacturing issues" for the 787 Dreamliner and has told carriers operating eight of the affected planes, including Singapore Airlines (OTCPK:SINGY), United (NASDAQ:UAL) and Air Canada (OTCQX:ACDVF), to remove them so they can be serviced.The defects were found in the join of fuselage sections toward the rear of the aircraft and the FAA has been alerted.The Dreamliner experienced a series of teething problems after its 2011 debut, including a three-month global grounding in 2013 over battery meltdowns.

Role Reversal: Passenger Airlines Make More From Cargo Sales In Q2

From Benzinga Aug 5, 2020

Add Air Canada (OTCQX: ACDVF) and IAG Group (LSE: IAG), parent of British Airways, to the list of passenger airlines that significantly increased cargo revenues in the second...