Associated Capital Group(AC)
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Air Canada and the Air Canada Foundation Celebrate Another Successful Year of Autism Aviation Days Events Across the Country
Globenewswire· 2025-11-03 14:00
Core Insights - Air Canada and the Air Canada Foundation successfully hosted Autism Aviation Days, providing children on the autism spectrum and their families with a supportive environment to learn about air travel [1][4][6] - The initiative expanded significantly in 2025, with seven events held across Canada, up from four in 2024, reflecting increased demand [5][6] Event Details - In 2025, events took place in cities including Vancouver, Kamloops, Calgary, St. John's, Quebec City, Winnipeg, and Edmonton, with the last event occurring in Vancouver [3][5] - Over 450 children and their families participated in the events, gaining first-hand experience with airport procedures [6] Organizational Support - The events were supported by Jazz Aviation and PAL Airlines, alongside local autism organizations and airports [3][5] - The Air Canada Foundation focuses on health and well-being of children and youth, providing financial and in-kind support to Canadian charities [8] Accessibility and Inclusion - The initiative aims to break down barriers for families with children on the spectrum, promoting equity and inclusion in air travel [4][6] - Feedback from participants highlighted the emotional impact of the events, with families expressing joy at overcoming travel barriers [4][6]
Spread Your Wings: Applications Open Tomorrow for Seventh Edition of the Air Canada and CAE Captain Judy Cameron Scholarship
Globenewswire· 2025-10-31 13:00
Core Points - Air Canada and CAE are continuing their collaboration to support women in aviation through the Captain Judy Cameron Scholarship, with applications for the 2026 edition opening on November 1, 2025 [1][8]. - Up to eight scholarships will be awarded to Canadian women pursuing careers as commercial pilots or aircraft maintenance engineers in 2026, with four recipients becoming ambassadors for the CAE Women in Flight program [3][7]. - The scholarship program, established in honor of Air Canada's first female pilot, aims to inspire and support the next generation of women in aviation [6][9]. Scholarship Details - The Captain Judy Cameron Scholarships were launched in 2019, initially awarding four scholarships, which increased to eight in 2023 due to the collaboration between Air Canada and CAE [8]. - The scholarships are awarded in conjunction with the Northern Lights Aero Foundation, emphasizing the importance of mentorship and community support for women in aviation [6][8]. Industry Context - The aviation industry is projected to need 60,000 new commercial pilots in North America by 2034, highlighting the importance of initiatives like the Captain Judy Cameron Scholarship to encourage women to enter the field [5]. - CAE's Women in Flight program aims to create a community of female pilots and role models, addressing the fact that only five percent of pilots worldwide are women [10].
UPDATE -- Air Canada Named North American Winner for Employee Experience Strategy at the Customer Centricity World Series Awards
Globenewswire· 2025-10-30 13:23
Core Insights - Air Canada was awarded the North American Winner for Employee Experience Strategy at the sixth annual ARCET Global Customer Centricity World Series Awards, recognizing its "Care & Class" initiative [1][3] Group 1: Awards and Recognition - The ARCET Global Customer Centricity World Series Awards celebrate companies for superior customer and employee experiences, with Air Canada being recognized for its innovative approach [1][6] - The awards program includes regional winners from various global regions, highlighting the best customer experience stories [6] Group 2: Company Initiatives - Air Canada's "Care & Class" initiative aims to enhance personal care in customer travel experiences, leading to significant improvements in employee engagement and customer satisfaction [4] - The initiative empowers employees to provide better service, especially in challenging situations, and creates memorable moments for customers even during smooth operations [4] Group 3: Company Overview - Air Canada is the largest airline in Canada and a founding member of Star Alliance, serving over 180 airports globally [7] - The airline's Aeroplan program is a leading travel loyalty program, allowing members to earn or redeem points with a vast network of airline partners [8] - Air Canada has set a long-term goal of achieving net-zero greenhouse gas emissions by 2050, reflecting its commitment to sustainability [8]
Air Canada Named North American Winner for Employee Experience Strategy at the Customer Centricity World Series Awards
Globenewswire· 2025-10-30 13:00
Core Insights - Air Canada was awarded the North American Winner for Employee Experience Strategy at the sixth annual ARCET Global Customer Centricity World Series Awards, recognized for its "Care & Class" initiative [1][3] - The "Care & Class" initiative aims to enhance personal care in customer travel experiences, leading to improvements in employee engagement and customer satisfaction [4] Company Overview - Air Canada is the largest airline in Canada and a founding member of Star Alliance, serving over 180 airports globally [7] - The airline's Aeroplan program is the premier travel loyalty program in Canada, allowing members to earn or redeem points with a vast network of airline partners [8] - Air Canada aims for net-zero greenhouse gas emissions by 2050 as part of its climate-related ambitions [8] Awards and Recognition - The Customer Centricity World Series Awards celebrate organizations that excel in customer and employee experiences, with winners selected by over 150 independent expert judges [6] - The awards recognize both global and regional winners across various regions, including North America, Europe, and Asia Pacific [6]
Aeroplan Announces Strategic Partnership with DINR, Connecting Canadian Travellers with Canada’s Best Restaurants
Globenewswire· 2025-10-28 13:00
Core Insights - Aeroplan has partnered with DINR, a Canadian startup, to enhance its travel loyalty program by offering exclusive dining experiences and reservations at top restaurants in Canada [1][3][4] Group 1: Partnership Overview - The partnership aims to provide Aeroplan Members with access to exclusive dining experiences, enhancing their lifestyle journey both at home and while traveling [3][6] - DINR's app will allow Aeroplan Members to make same-day reservations at coveted restaurants, participate in private culinary events, and enjoy curated culinary stories [5][7] Group 2: Strategic Expansion - This collaboration signifies Aeroplan's strategic move into premium lifestyle experiences, integrating dining into its loyalty offerings [4][6] - Aeroplan Members will receive special perks and members-only offers on DINR Premium memberships to celebrate the launch [6] Group 3: Culinary Community Engagement - The partnership deepens Aeroplan's engagement with Canada's culinary community, connecting travelers to the diverse food culture of the nation [7] - By collaborating with restaurant owners and highlighting emerging culinary talent, Aeroplan encourages customers to explore new dining destinations [7][8] Group 4: Aeroplan Program Highlights - Aeroplan Members can earn or redeem points on over 45 airlines to more than 1,300 destinations globally, with no blackout dates [9] - The program has over 10 million active members, allowing them to turn daily purchases into points for various rewards [10]
Air Canada to Present Third Quarter 2025 Results
Globenewswire· 2025-10-23 19:00
Core Points - Air Canada will hold a conference call to present its third quarter 2025 results on November 5, 2025, at 8:00 AM ET [1] - The call will feature key executives including the President and CEO, CFO, and Chief Commercial Officer, who will be available for analysts' questions [1] - Following the analysts' session, additional executives will address questions from term loan B lenders and bondholders [1] Access Information - The conference call will be accessible to the media and public on a listen-only basis [2] - Details for accessing the call include a webcast link and telephone numbers for participation [2] - An online replay of the call will be available shortly after its conclusion [2]
Air Canada to Launch U.S. Flights from Toronto Island in a Major Expansion at Billy Bishop Toronto City Airport
Globenewswire· 2025-10-23 14:00
Core Points - Air Canada announced a significant expansion at Billy Bishop Toronto City Airport, introducing new transborder routes to four major U.S. cities and increasing daily flights to Montréal and Ottawa [1][4][5] New Transborder Routes - Starting in Spring 2026, Air Canada will offer non-stop return services four times daily to New York's LaGuardia Airport, three times daily to Boston Logan International Airport, twice daily to Chicago O'Hare International Airport, and daily to Washington Dulles International Airport [3][11] - The new routes will enhance connectivity between Toronto and major U.S. markets, benefiting business travelers [4][11] Increased Domestic Services - In January 2026, Air Canada will increase daily return flights to Montréal from eight to nine and to Ottawa from four to six [3][16] Customer Experience Enhancements - Air Canada will provide fast, free onboard Wi-Fi, complimentary premium snacks, beer, and wine, and exclusive access to the Aspire Air Canada Café for eligible customers [5][17] - The introduction of fast, free Wi-Fi marks the first time this service is available on a De Havilland Dash 8-400 aircraft globally [17] Regional Connectivity and Economic Impact - The expansion is expected to strengthen regional and cross-border connectivity, supporting economic growth and tourism across Canada and the U.S. [8][9][10] - The new U.S. Customs Pre-Clearance facility at Billy Bishop Airport will facilitate smoother travel for customers flying to U.S. destinations [3][8] Aircraft and Cabin Upgrades - Air Canada will commence a full cabin redesign on 25 De Havilland Dash 8-400 aircraft, featuring new ergonomic seating and upgraded cabin interiors [18][19]
AC Reports Preliminary September 30 Book Value of $44.15 to $44.35 Per Share
Globenewswire· 2025-10-02 21:00
Group 1 - Associated Capital Group, Inc. announced a preliminary range for its third quarter book value of $44.15 to $44.35 per share, an increase from $43.30 per share at June 30, 2025, and $42.14 per share at December 31, 2024 [1] - The company will provide further details on its financial results in November [1] Group 2 - Associated Capital Group, Inc. is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [2] - The company has earmarked proprietary capital for its direct investment business, which includes Gabelli Private Equity Partners, LLC, formed in August 2017 with $150 million of authorized capital, and Gabelli Principal Strategies Group, LLC, created in December 2015 [2]
Global Markets Navigate Geopolitical Tensions, US Shutdown Threat, and China’s Bond Market Expansion
Stock Market News· 2025-09-25 02:08
Key Insights on China's Bond Market and Economic Landscape - China's bond market has reached 192 trillion yuan by August 2025, making it the second largest globally, with efforts to enhance its global appeal and attract foreign investment [3][9] - The People's Bank of China (PBoC) is increasing the daily trading limit for Swap Connect market makers to 45 billion yuan and is planning to launch Yuan government bond futures in Hong Kong [3] - Currently, foreign investors hold only 2% of Chinese Yuan bonds, indicating significant room for growth in foreign participation [3] U.S. Political and Economic Developments - The White House budget office has instructed federal agencies to prepare for potential mass firings due to concerns over a government shutdown, which could impact the federal workforce [5][9] - Air Canada anticipates a financial hit of $270 million in operating income due to ongoing labor disruptions, highlighting challenges in the airline sector [10][9] Geopolitical Tensions - Increased military activity has been observed near Taiwan, with Chinese aircraft and naval vessels spotted, indicating ongoing geopolitical tensions in the region [6][9] - U.S. Vice President Vance noted President Trump's impatience with Russia regarding the Ukraine conflict, reflecting the complex geopolitical landscape [7] Economic Data and Market Trends - Australia's job vacancies fell by 2.7% quarter-over-quarter in August, reversing previous growth trends [11] - The U.S. housing market is experiencing a significant imbalance, with 35% more sellers than buyers in August, indicating a cooling market [12] Regulatory Changes Impacting Retail Trading - FINRA is set to drop the $25,000 minimum balance rule for frequent day trading, potentially lowering the threshold to $2,000, which will ease market access for smaller investors [13]
Associated Capital Group, Inc. Update on Voluntary NYSE Delisting and SEC Deregistration
Globenewswire· 2025-09-04 13:00
Core Points - Associated Capital Group, Inc. is voluntarily delisting its Class A common stock from the NYSE and deregistering under Section 12(b) of the Securities Exchange Act of 1934 [1] - The last day of trading for AC's common stock on the NYSE will be September 4, 2025, coinciding with the effectiveness of Form 25 filed with the SEC [1] - After delisting, AC's common stock will be listed on the OTCQX platform with the anticipated symbol "ACGP" [1] Company Overview - Associated Capital Group, Inc. is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [3] - The company has earmarked proprietary capital for its direct investment business, which focuses on new and existing businesses [3] - The direct investment business includes Gabelli Private Equity Partners, LLC, formed in August 2017 with $150 million of authorized capital, and Gabelli Principal Strategies Group, LLC, created in December 2015 for strategic operating initiatives [3]