Calin Rovinescu - Air Canada President, Chief Executive Officer, Director
| AC Stock | CAD 20.00 0.10 0.50% |
CEO
Mr. Calin Rovinescu is President, Chief Executive Officer, Director of Air Canada. He has served as President and Chief Executive Officer of Air Canada since April 1, 2009. Mr. Rovinescu was the Executive Vice President, Corporationrationrate Development and Strategy of Air Canada from 2000 to 2004, and also held the position of Chief Restructuring Officer during the airlines 20032004 restructuring. From 2004 to 2009, Mr. Rovinescu was a Cofounder and Principal of Genuity Capital Markets, an independent investment bank. Prior to 2000, he was the Managing Partner of the law firm Stikeman Elliott in Montral, where he practiced corporate law for over 20 years and was a member of the firms Partnership Board and Executive Committee. Mr. Rovinescu was Chair of the Star Alliance Chief Executive Board from 2012 to 2016 and Chair of the International Air Transport Association in 20142015. He is also a member of the Board of Directors of BCE Inc. and of the Business Council of Canada. Mr. Rovinescu holds Bachelor of law degrees from the Universit de Montral and the University of Ottawa and was awarded Honorary Doctorates from both these universities, in addition to the John Molson School of Business and Politehnica University of Bucharest. Mr. Rovinescu was named the 14th Chancellor of the University of Ottawa in November 2015. In 2016, Mr. Rovinescu was recognized as Canadas Outstanding CEO of the Year. since 2009.
| Age | 63 |
| Tenure | 15 years |
| Professional Marks | Ph.D |
| Address | 7373 Côte-Vertu Boulevard West, Saint-Laurent, QC, Canada |
| Phone | 514 422 6020 |
| Web | https://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 23rd 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 23rd of April 2024, Return On Tangible Assets is likely to grow to 0.09, while Total Assets are likely to drop about 17 B.Similar Executives
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Management Performance
| Return On Equity | -4.18 | ||||
| Return On Asset | 0.0482 |
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.
| Return On Equity | -4.18 | ||||
| Return On Asset | 0.0482 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 12.44 B | ||||
| Shares Outstanding | 358.47 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 13.46 % | ||||
| Number Of Shares Shorted | 12.14 M | ||||
| Price To Earning | 51.57 X |
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 together with Air Stock
| 0.73 | GOOG | Alphabet CDR | PairCorr |
| 0.62 | PYPL | PayPal Holdings CDR | PairCorr |
Moving against Air Stock
| 0.5 | TSLA | Tesla Inc CDR | PairCorr |
| 0.46 | EFN | Element Fleet Management | PairCorr |
| 0.44 | AMD | Advanced Micro Devices | PairCorr |
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.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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Air Stock analysis
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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