Associated Capital Group(AC)
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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]
Associated Capital:计划从纽交所退市早盘股价跌4.5%
Xin Lang Cai Jing· 2025-08-18 14:58
Group 1 - The core point of the article is that Associated Capital (AC) plans to voluntarily delist its Class A common stock from the New York Stock Exchange and withdraw its registration with the SEC [1] Group 2 - On Monday morning, Associated Capital's stock fell by 4.5% following the announcement [1]
加拿大航空紧急停飞!今日所有往返中日韩方向航班取消
第一财经· 2025-08-16 08:47
Core Viewpoint - Air Canada has announced a sudden suspension of all flights due to a strike by its flight attendants, impacting travel during the peak summer season [3]. Impact on China-Canada Routes - Air Canada's flight attendants began their strike on August 16, leading to a complete halt of operations, including the cancellation of all flights to and from China, Japan, and South Korea [6][7]. - The strike has caused a surge in ticket prices for alternative routes, with prices for flights from Shanghai to Vancouver exceeding 30,000 yuan for connecting flights and direct flights being sold out [7][8]. Slow Recovery of China-Canada Routes - The recovery of flight capacity between China and Canada has been slower compared to the US, with only 254 round-trip flights recorded in July 2025, representing 26.1% of pre-pandemic levels [11]. - Restrictions on the number of flights operated by mainland Chinese airlines to Canada have contributed to high ticket prices, with economy class tickets often exceeding 20,000 yuan [13]. - Although the Canadian Transportation Agency lifted some restrictions in October 2024, the current flight capacity has not yet reached pre-pandemic levels, which exceeded 70 flights per week [14].
这家航司因空乘停工紧急停飞!到中国航班影响几何
Di Yi Cai Jing· 2025-08-16 08:32
Group 1 - Air Canada announced a complete suspension of operations due to a strike by its 10,000 flight attendants, starting from August 16 at 12:58 PM local time [1] - The airline had previously warned of flight reductions between August 15 and 18, and all flights to and from China and Japan were canceled on August 15 [3][4] - Air Canada is the only airline allowed to operate flights to China under current bilateral air traffic agreements, making its sudden suspension significantly impact ticket prices and availability on the China-Canada routes [3][8] Group 2 - The recovery of flight routes between China and Canada has been slow, with only 26.1% of pre-pandemic flight volumes restored by July 2025, compared to 26.3% for China-U.S. routes [6] - Restrictions on the number of flights operated by Chinese airlines to Canada have kept ticket prices high, with economy class tickets often exceeding 20,000 yuan [8] - Chinese airlines are gradually increasing their flight frequencies to Canada, with Air China planning to double its flights from Beijing to Vancouver starting August 27 [8]