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Air Canada (TSX:AC) Cash Received from Insurance Activities


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What is Air Canada Cash Received from Insurance Activities?

Cash Received from Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Air Canada (TSX:AC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (TSX:AC) » Definitions » Cash Received from Insurance Activities
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Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.