Kevin Howlet - Air Canada President

AC Stock  CAD 19.58  0.27  1.40%   

President

Mr. Kevin C. Howlett is Senior Vice President Regional Markets and Government Relations of Air Canada. In this role, Kevin has overall responsibility for the strategic direction of Air Canadas regional operations and the relationship with current and future regional carriers operating on Air Canadas behalf. Additionally, Kevin has oversight for all relationships between the airline and federal, provincial and municipal governments, and he also works to strengthen the airlines North American regional business and community relationships. Based in Vancouver, BC, Kevin is Air Canadas senior executive in western Canada. Since 2013, Kevin held the role of Senior Vice President, Regional Markets. Previously, he had been Senior Vice President, Employee Relations, responsible for the human resource and labour relations functions at the airline, including strategic support to the business units, organizational alignment and strategy, talent management, recruitment programs, employee and occupational health services, employee development, and total rewards, including pensions and benefits. With more than 35 years of related experience in the airline industry, Kevin also had responsibility for liaising with all unions representing 85 percent of Air Canada workforce. Prior to joining Air Canada, he held the position of Vice President, Labour Relations with Jazz Aviation. In addition he held the title of Vice President, Labour Relations Human Resources at Canadian Airlines International. Educated at the University of Prince Edward Island and at Dalhousie University, Kevin holds the CHRP designation. He is on the Board of Directors for the Thompson Okanagan Tourism Association, the BC Womens Hospital and Health Centre Foundation, and the Human Resources Management Association. Kevin is also a member of ACELD International Advisory Council and he holds the Institute of Corporationrationrate Directors designation from th since 2013.
Tenure 11 years
Address 7373 Côte-Vertu Boulevard West, Saint-Laurent, QC, Canada
Phone514 422 6020
Webhttps://www.aircanada.com

Air Canada Management Efficiency

The company has return on total asset (ROA) of 0.0482 % which means that it generated a profit of $0.0482 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.1787) %, meaning that it generated substantial loss on money invested by shareholders. Air Canada's management efficiency ratios could be used to measure how well Air Canada manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.12. At this time, Air Canada's Other Current Assets are very stable compared to the past year. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.09, while Total Assets are likely to drop about 17 B.
The company has accumulated 359 M in total debt with debt to equity ratio (D/E) of 6.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Air Canada has a current ratio of 1.13, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Air Canada until it has trouble settling it off, either with new capital or with free cash flow. So, Air Canada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air Canada's use of debt, we should always consider it together with cash and equity.

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Air Canada provides domestic, U.S. transborder, and international airline services. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada. AIR CANADA operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. It employs 28400 people. Air Canada (AC) is traded on Toronto Exchange in Canada and employs 35,700 people. Air Canada is listed under Passenger Airlines category by Fama And French industry classification.

Management Performance

Air Canada Leadership Team

Elected by the shareholders, the Air Canada's board of directors comprises two types of representatives: Air Canada inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Canada's management team and ensure that shareholders' interests are well served. Air Canada's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Canada's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Shapiro, Executive Vice President, International and Regulatory Affairs and Chief Legal Officer
Mark Southern, Vice President Airports - North America
Richard Steer, Senior Vice President - Operations
FSA CFA, President Investments
Jon Turner, Vice President - Maintenance
Kathleen Murphy, Director, Investor Relations and Corporate Reporting
Alan Butterfield, Vice President - Air Canada Maintenance and Engineering
Catherine Dyer, Senior Vice President, Chief Information Officer
Annette Verschuren, Independent Director
Calin Rovinescu, President, Chief Executive Officer, Director
Melvin Crocker, Chief Officer
Carolyn Hadrovic, Vice President and Corporate Secretary
Joseph Leonard, Independent Director
Michael Green, Independent Director
David Richardson, Independent Chairman of the Board
James Tabor, Vice President - System Operations Control
Amos Kazzaz, Senior Vice President - Financial Planning and Analysis
Renee SmithValade, Vice President - In-Flight Service
Pierre Houle, MD Treasurer
Gary Doer, Independent Director
Kathleen Taylor, Independent Director
Mark Nasr, Vice President - Loyalty and eCommerce
John MacLeod, Vice President, Global Sales and Alliances
Michael Rousseau, Deputy Chief Executive Officer, Chief Financial Officer
LiseMarie Turpin, Vice President - Cargo
Lise Fournel, Senior Vice President CIO
Michael Friisdahl, President CEO of Leisure Group
Madeleine Paquin, Independent Director
Craig Landry, Senior Vice President - Revenue Optimization
Yves Dufresne, Vice President - Alliances and Regulatory Affairs
Arielle MeloulWechsler, Executive Vice President, Chief Human Resources and Communications Officer
Klaus Goersch, COO, Executive Vice President
Derek Vanstone, Vice President - Corporate Strategy, Industry and Government Affairs
Ferio Pugliese, Senior Vice President Government Relations and Air Canada Express
Kevin OConnor, Vice President - System Operations Control
Eddy Doyle, Vice President - Flight Operations
Al Read, Vice President Airports - North America
Michael Wilson, Independent Director
Valerie Durand, Head Sustainability
Andrew Yiu, Vice President Product
Roy Romanow, Independent Director
Robert Fyfe, Independent Director
Priscille LeBlanc, Vice President - Corporate Communications
Marc Barbeau, Executive Officer
Christie Clark, Independent Director
Vagn Soerensen, Independent Chairman of the Board
Jean Huot, Independent Director
Marcel Forget, Vice President - Network Planning
Duncan Bureau, Vice President - Global Sales
Kevin Howlet, Senior Vice President - Regional Markets and Government Relations
Murray Strom, Vice President - Flight Operations
Leslie Quinton, Vice President - Corporate Communications
Samuel Elfassy, Vice President - Safety
Lucie Guillemette, Vice President - Revenue Management and International Sales
Mark Galardo, Vice President - Network Planning
Benjamin Smith, President - Passenger Airlines
Catherine Luelo, Senior Vice President, Chief Information Officer
Chris Isford, Vice President Controller

Air Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Air Canada a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Canada in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Canada's short interest history, or implied volatility extrapolated from Air Canada options trading.

Pair Trading with Air Canada

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Canada position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Canada will appreciate offsetting losses from the drop in the long position's value.

Moving against Air Stock

  0.65T Telus CorpPairCorr
The ability to find closely correlated positions to Air Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Canada when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Canada - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Canada to buy it.
The correlation of Air Canada is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Canada moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Canada can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Canada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Air Canada's price analysis, check to measure Air Canada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Canada is operating at the current time. Most of Air Canada's value examination focuses on studying past and present price action to predict the probability of Air Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Canada's price. Additionally, you may evaluate how the addition of Air Canada to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Air Canada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Canada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Canada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.