Air Canada (AC.TO) Stock Is Moving Volatile Amid Some Flight Updates?

On the chart for the last month, we can see the slow fall of the stock from C$28.33 on June 17 till C$25.16 on June 28. After the fall, the stock started to fluctuate at C$25.41 till July 5, and then the stock rose to C$26.74. Then, the stock fell to C$25.54 on July 8, and its fluctuating at this level till today. The day’s range of the stock is C$24.19 – C$25.28.
Just recently, Air Canada has reported the updates for its planned international schedule which contains the 17 routes resumption and 11 destinations for the 2021 summer. The company renews the flights between Calgary and Frankfurt which starts from August 1. The flight is planned to be four times a week.

Also, the company reported that it will return the full cost of the ticket an Air Canada Travel Voucher to return a 65% bonus if the flight is rescheduled or canceled for more than 3 hours. Air Canada, recently started to launch non-stop flights from Montreal to Cairo.

Richard McEntire

Finance and Entertainment Reporter Richard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.

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