TSX:ACAirlines
Air Canada (TSX:AC): Evaluating Valuation as New Toronto–Rio Route Extends Global Growth Strategy
Air Canada (TSX:AC) just touched down on a new Toronto to Rio de Janeiro route, a three times weekly seasonal service that neatly sums up the airline’s current growth and network expansion story.
See our latest analysis for Air Canada.
Those Rio and broader Europe network additions arrive at a time when Air Canada’s share price return tells a mixed story, with modest recent gains but a year-to-date share price return of negative 15.49 percent and a 1-year total shareholder return of negative...