Thursday, 27 November 2014

Assignment #2


November, 27, 2014


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Share Price Information:
-Open:  11.20
-Day High:  11.34
-Day Low:  10.90
-Dow:  (0.07%)
-Source

Related News Story:


On November 25th, Air Canada announced it will expand the introduction of Boeing 787 Dreamliner aircraft featuring the airline's new International Business Class and Premium Economy seating to more of its routes to Asia from Vancouver including Beijing in February and Seoul in March 2015.  Boeing 787 will replace the Boeing 767 with enhanced definition intuitive touch personal entertainment screens and 20 executive pods with 180-degree lie-flat seats in 1-2-1 configuration guaranteeing direct aisle access in Business Class seating.

With this new information, we are going to keep Air Canada.  The company recently dropped due to a tragic crash in Edmonton and because of the expansion, the company is starting to go up again. We want to wait a little longer to see if it goes up higher before we have to decide to sell it.  The new seating has gotten many positive comments from current passengers so we hope this will also help the company go up again.

Read more about the expansion here.

3 Related Companies:


-WestJet Airlines Ltd.
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-Exchange Income Corporation
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-Helijet International Inc.






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Assignment #1

Sydney C.
Block 8
Air Canada


Company name and logo:

-Air Canada

Ticker Symbol and Exchange
-AC
-Traded on the Toronto Stock Exchange

Investment Sector and Address
-Air Canada is an Industrial company
-7373 Saint Laurent, QC

52 week high and 52 week low
-high:  11.37
-low:  8.87

Company Description

        Air Canada is a domestic, the United States trans-border and international airline and provider of scheduled passenger services in the Canadian market, the Canada-United States trans-border market and in the international market to and from Canada.  Air Canada, together with Jazz and other regional airlines operating flights on behalf of Air Canada under capacity purchase agreements, operated, on average, 1,520 daily scheduled flights to 59 destinations in Canada, 55 destinations in the United States and a total of 64 destinations in the Canada-Europe, Canada-Pacific, Canada-Caribbean/central America and Canada-South America markets.