TSX:ACAirlines
Air Canada (TSX:AC) Could Be 5% Overvalued On Its Lagos Expansion Plan
What Air Canada’s Lagos announcement could mean for investors
Air Canada (TSX:AC) plans to start scheduled flights to Lagos in 2027, following Canada’s expanded air transport agreement with Nigeria. The airline is now working through required government approvals and operational planning.
This new African route is part of Air Canada’s existing international network and vacation, cargo, and loyalty businesses. Investors are watching to see how the company’s expansion plans relate to its...