Air Canada Cargo

Vetster and Air Canada’s First-of-its-Kind Partnership Unleashes an Innovative Era of On-the-Go Pet Care

Retrieved on: 
Tuesday, December 12, 2023
Veterinary, Air, Pets, Transport, Telemedicine, Virtual Medicine, Transportation, Health, Consumer, Travel, Pet, Vetster, Safety, MIA, ORD, Atmosphere of Earth, LAX, Air Canada Cargo, Animal, Operational excellence, Dehydration, Partnership, Atmosphere, Communication, Motion sickness, Parent, Air Canada, Bottled water

Vetster, the world's fastest growing veterinary telehealth and pet care marketplace, today announced its partnership with Air Canada to provide around-the-clock access to Vetster’s virtual veterinary services for pets traveling in cargo.

Key Points: 
  • Vetster, the world's fastest growing veterinary telehealth and pet care marketplace, today announced its partnership with Air Canada to provide around-the-clock access to Vetster’s virtual veterinary services for pets traveling in cargo.
  • Vetster aims to set a new standard for quality care, safety and peace of mind for millions of traveling pet parents.
  • Trained Air Canada personnel can now use Vetster on behalf of pet parents to connect with licensed veterinarians, who can support pets traveling in cargo and in need of medical assistance.
  • Pet parents are looking for transparent, effective and timely care for their pets when flying,” said Mark Bordo, CEO and Co-Founder of Vetster.

Air Cargo Tech Summit Announces Brussels Airport as Host Partner

Retrieved on: 
Thursday, August 10, 2023
Blockchain, Senior, Partnership, Brussels Airport, Atmosphere, Air Canada Cargo, Strategy, Artificial intelligence, American Airlines, Transport, Automation

New York, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Air Cargo Tech Summit is proud to announce its partnership with Brussels Airport, a leading European cargo hub and global player in the airfreight industry, as the official host partner for the annual event — taking place Sept. 18-19, 2023, at the Marriott Brussels Grand Place.

Key Points: 
  • Air Cargo Tech Summit, presented by Air Cargo Next, is the event focused on cutting-edge technology in airfreight
    New York, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Air Cargo Tech Summit is proud to announce its partnership with Brussels Airport, a leading European cargo hub and global player in the airfreight industry, as the official host partner for the annual event — taking place Sept. 18-19, 2023, at the Marriott Brussels Grand Place.
  • The Air Cargo Tech Summit, which brings together key players, stakeholders, and experts from the air cargo and logistics sectors, is a highly anticipated gathering that will focus on the latest innovations, cutting-edge technologies, and transformative solutions within the air cargo industry.
  • Speakers include Brian Hodges, Managing Director of Strategy & Planning, at American Airlines Cargo, and Sebastien Podgorski, Senior Manager of Cargo Digital, at Air Canada Cargo.
  • By hosting the Air Cargo Tech Summit, Brussels Airport solidifies its position as a hub of innovation and excellence in the world of airfreight.

Canadian logistics technology company Machool fosters its presence by entering into partnerships with Spring GDS (the international division of Dutch e-commerce and postal company PostNL) and Air Canada Cargo

Retrieved on: 
Thursday, June 1, 2023
Air Canada Cargo, MSS, Partnership, Air Canada, Atmosphere of Earth, PostNL, Management, Online shopping

The Machool – Spring partnership leverages the technological capabilities of Machool and the worldwide footprint of Spring.

Key Points: 
  • The Machool – Spring partnership leverages the technological capabilities of Machool and the worldwide footprint of Spring.
  • This will help businesses with a one stop shop solution for Canadian business into the USA and the rest of the world.
  • Spring will also be offering a new nationwide delivery solution for deliveries into Canada which is powered by Machool.
  • This partnership brings together the strength of Air Canada's strong domestic air freight capabilities and Machool's technology to efficiently service pick-ups and deliveries.

Air Canada Cargo Inaugurates Freighter Service into Punta Cana International Airport

Retrieved on: 
Wednesday, May 24, 2023
Airports Council International, Punta Cana International Airport, Air Canada Cargo, Taoyuan International Airport Services Limited, Air Canada, Boeing, Atmosphere of Earth, Airline

MONTREAL, May 24, 2023 /PRNewswire/ -- Air Canada and Air Canada Cargo yesterday operated its first commercial flight into Punta Cana, Dominican Republic, with its Boeing 767 freighter.

Key Points: 
  • MONTREAL, May 24, 2023 /PRNewswire/ -- Air Canada and Air Canada Cargo yesterday operated its first commercial flight into Punta Cana, Dominican Republic, with its Boeing 767 freighter.
  • Air Canada Cargo's flight to Punta Cana is the latest addition to its worldwide freighter network, following recently launched freighter services to San José, Basel, Liege, Dallas, Atlanta and Bogota.
  • "We are pleased to welcome the first freighter flight from our allies of Air Canada Cargo.
  • As winners of the Airports Council's International Airport Service Quality Awards for seven consecutive years, we are confident that this will contribute to the excellence and diversification of our cargo operations," affirmed Giovanni Rainieri, director of Airside Operations at Punta Cana International Airport.

Air Canada Reports First Quarter 2023 Financial Results

Retrieved on: 
Friday, May 12, 2023
Operating cost, Air Canada, Maintenance, Travel, Aeroplan, Tax, ASM, GAAP, Ratio, Air Canada Cargo, Projection, EBITDA, Atmosphere of Earth, CASM, Depreciation, Adjustment, News, Video game, Cryptocurrency, Bookkeeping, Airline

Record first quarter passenger revenues of $4.088 billion, more than double the first quarter of 2022, on a 53 per cent increase in operated capacity

Key Points: 
  • Record first quarter passenger revenues of $4.088 billion, more than double the first quarter of 2022, on a 53 per cent increase in operated capacity
    Record first quarter operating revenues of $4.887 billion, 90 per cent higher than first quarter 2022 and about 10 per cent higher than first quarter 2019
    Operating loss of $17 million, improved from an operating loss of $550 million in the first quarter of 2022
    Total liquidity of over $10.5 billion at March 31, 2023
    MONTREAL, May 12, 2023 /PRNewswire/ - Air Canada today reported its first quarter 2023 financial results.
  • Air Canada Cargo is expanding its network and fleet, Aeroplan is gaining more members and gross billings have increased 50% when compared to the first quarter of 2022, and Air Canada Vacations produced remarkable results.
  • For the second quarter of 2023, Air Canada plans to increase its ASM capacity by about 22 per cent from the same quarter in 2022.
  • On May 4, 2023, Air Canada updated its 2023 guidance:

Egypt. Three Millennia on the Nile

Retrieved on: 
Wednesday, April 19, 2023
La Presse, Heart, Human, Mummy, Museo Egizio, Partnership, Animal, Freedom, Exhibition, Culture, Parent, Farmer, History, Hope, Woman, InterContinental, Air Canada Cargo, Civilization, Running, Collection, Museum, Immersion, Archaeology, Jewellery, Death, Cohesion (computer science), Egyptians, Tourism, Entertainment, Toy, Egyptology

MONTRÉAL, April 19, 2023 (GLOBE NEWSWIRE) -- Opening tomorrow and running until October 15, 2023, Pointe-à-Callière, Montréal’s Archaeology and History Complex, presents Egypt. Three Millennia on the Nile. Covering 3,000 years of history on the shores of the Nile, from the civilization’s very beginning to the Roman conquest, the exhibition features 320 authentic objects—in a North American exclusive—from the collection of the Museo Egizio in Turin (Italy), one of the largest collections in the world. Visitors will learn that Egyptian civilization has not yet revealed all its mysteries… and still has many surprises in store!

Key Points: 
  • Three Millennia on the Nile.
  • Three Millennia on the Nile paints an up-to-date portrait of ancient Egypt, putting a human face on this age-old society.
  • Three Millennia on the Nile, Pointe-à-Callière is holding a series of three lectures focused on various aspects and subjects addressed in the exhibition and accompanying publication.
  • Three Millennia on the Nile is an exhibition produced by Pointe-à-Callière, Montréal’s Archaeology and History Complex, in collaboration with the Museo Egizio in Turin, Italy.

Freightos Announces Record Fiscal Year 2022 Results

Retrieved on: 
Monday, March 13, 2023
Carbon, CFO, Software as a service, Mitsubishi Group, API, Economics, EBITDA, Ebook, UPS, Emirates SkyCargo, Growth, Air Canada Cargo, China Southern Airlines, Atmosphere of Earth, Amazon (company), GBV, Cryptocurrency, Sales, Online shopping, American Airlines, Platform

JERUSALEM, March 13, 2023 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported financial results for the year ended December 31, 2022.

Key Points: 
  • "The final quarter of 2022 set yet another record in number of transactions and Gross Booking Value.
  • Revenue was $19.1 million for FY 2022, an increase of 71.7% year-over-year, or 76.2% on a constant currency basis.
  • Transaction Growth: Freightos saw a record 668,185 Transactions, up 154%, and record GBV (Gross Booking Value) of $611 million, a 102% growth rate, and a 121% growth rate in constant currency.
  • Despite a cooling global freight market towards the end of 2022, Q4 saw a record 211 thousand Transactions, up 117% from 97 thousand Transactions in Q4 2021.

Air Canada Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Friday, February 17, 2023
Available seat miles, Atmosphere of Earth, Air Canada Cargo, Air Canada, CASM, Canada, Weather, EBITDA, News, GAAP, Operating cost, ASM, ASMS, Adjustment, Aeroplan, Growth, Ratio, Environment, Depreciation, Tax, Video game, Arms industry, Cryptocurrency, Bookkeeping, Airline, Car rental

Record fourth quarter passenger revenues of $4.062 billion, doubled than fourth quarter 2021 and about two per cent higher than fourth quarter 2019

Key Points: 
  • Record fourth quarter passenger revenues of $4.062 billion, doubled than fourth quarter 2021 and about two per cent higher than fourth quarter 2019
    Record fourth quarter operating revenues of $4.680 billion, 71 per cent higher than fourth quarter 2021 and about six per cent higher than fourth quarter 2019
    Total liquidity of over $9.8 billion at December 31, 2022
    MONTREAL, Feb. 17, 2023 /CNW/ - Air Canada today reported its fourth quarter and full year 2022 financial results.
  • We reported record fourth quarter passenger and operating revenues, surpassing our results from a year ago and those of the fourth quarter of 2019.
  • Record fourth quarter passenger revenues of $4.062 billion nearly doubled from the fourth quarter of 2021, or about a two per cent increase from the fourth quarter of 2019.
  • Record fourth quarter operating revenues of $4.680 billion increased 71 per cent from the fourth quarter of 2021 and about six per cent from the fourth quarter of 2019.

Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq

Retrieved on: 
Wednesday, January 25, 2023
Carbon, Investment, Singapore Exchange, Ecosystem, United States Army Acquisition Corps, Air Canada Cargo, FedEx, Freightos Baltic Index, Traction, Travel, Gesher, Emirates SkyCargo, LATAM Airlines Group, American Airlines, Booking Holdings, M&G, Less-than-truckload shipping, Chicago, Chicago Mercantile Exchange, Growth, LTL, Economics, Qatar Airways, British Airways, Acquisition, International Airlines Group, GBV, IAG Cargo, LATAM Cargo, Bank, Cryptocurrency, Rail transport, Video game, Airline, China Southern Airlines

Ordinary shares and warrants of Freightos will commence trading tomorrow on the Nasdaq under the ticker symbols "CRGO" and "CRGOW", respectively.

Key Points: 
  • Ordinary shares and warrants of Freightos will commence trading tomorrow on the Nasdaq under the ticker symbols "CRGO" and "CRGOW", respectively.
  • During 2022, the Company facilitated nearly 700 thousand digital booking transactions, representing over $600 million in Gross Booking Value ("GBV").
  • "Going public through the combination with Gesher and raising capital is designed to fuel our aggressive efforts to scale our booking and payment platform and enhance our leadership position," said Schreiber.
  • Freightos has become a leading global freight booking and payment platform, modernizing an industry stymied by intermediation, offline communications, and inefficient pricing.

Air Canada Announces Results of its Offer to Purchase up to US$300 million aggregate principal amount of its 4.000% Convertible Senior Notes due 2025

Retrieved on: 
Tuesday, December 20, 2022
Climate change, Debt-to-GDP ratio, Air Canada, Boeing 767, Air Canada Cargo, Government, Atmosphere, Morgan Stanley, CUSIP, Transport, TSX, AC, Star Alliance, COVID-19, Nature, News, Offer, Atmosphere of Earth, Risk, Section 18 of the Canadian Charter of Rights and Freedoms, Letter, Airport, Aeroplan, Security (finance), Airline, Note, Boeing

An aggregate of US$266,053,000 principal amount of Notes was validly deposited under the Offer and not withdrawn prior to its expiration.

Key Points: 
  • An aggregate of US$266,053,000 principal amount of Notes was validly deposited under the Offer and not withdrawn prior to its expiration.
  • Air Canada did not make the Offer conditional on any minimum principal amount of Notes being deposited, preserving optionality for holders while allowing Air Canada to further deleverage its balance sheet.
  • After giving effect to the purchase and cancellation of the Notes taken up under the Offer, US$274,153,000 aggregate principal amount of Notes will remain outstanding.
  • Air Canada provides scheduled passenger service directly to 51 airports in Canada, 51 in the United States and 88 internationally.