Tiffy Allyson

Air Canada Government Stake Sale 2024 In. The federal government has sold its roughly six per cent stake in air canada, according to a confidential source that spoke to the globe and mail. Et., air canada today reaffirmed its 2024 full year guidance.

The canadian government has divested its stake in air canada, leveraging a 67% surge in the airline’s stock to maximize returns amid an aviation rebound. The government sold its air canada shares at an average selling price of about c$25 a share, the newspaper reported.