Air Canada (TSX:AC) Current Accrued Expense : C$3,328 Mil (As of Dec. 2023)

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What is Air Canada Current Accrued Expense?

Air Canada's Current Accrued Expense for the quarter that ended in Dec. 2023 was C$3,328 Mil.

Air Canada's quarterly Current Accrued Expense declined from Jun. 2023 (C$2,802 Mil) to Sep. 2023 (C$2,441 Mil) but then increased from Sep. 2023 (C$2,441 Mil) to Dec. 2023 (C$3,328 Mil).

Air Canada's annual Current Accrued Expense increased from Dec. 2021 (C$2,603 Mil) to Dec. 2022 (C$2,691 Mil) and increased from Dec. 2022 (C$2,691 Mil) to Dec. 2023 (C$3,328 Mil).

Air Canada Current Accrued Expense Historical Data

The historical data trend for Air Canada's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Air Canada Current Accrued Expense Chart

Air Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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2,456.00

2,465.00

2,603.00

2,691.00

3,328.00

Air Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															2,691.00	2,664.00	2,802.00	2,441.00	3,328.00

Air Canada Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Air Canada Current Accrued Expense Related Terms

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Air Canada (TSX:AC) Business Description

Industry

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Traded in Other Exchanges

ACDVF:USA ADH2:Germany

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

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.