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Top related persons:
Carlos Osorio - 2 Allison Lampert - 2 Devika Syamnath - 2 Frances Kerry - 2 Nishan Duraiappah - 1 Duraiappah - 1 Charlene Hudy - 1 Hudy - 1
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Toronto Canada Mississauga , Ontario Montreal Air Canada Bengaluru Toronto’s Pennsylvania
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Air Canada - 3 Toronto Pearson Airport - 3 REUTERS - 2 North - 2 Air - 2 Thomson - 2 Peel Regional Police - 1 Netflix - 1

Search resuls for: "Toronto Pearson Airport"


8 mentions found


☆ Nine People, Including an Airline Worker, Are Arrested in $14.5 Million Gold Heist
  + stars: | 2024-04-17 | by ( Ian Austen | ) www.nytimes.com   time to read: +1 min
It was a brazen theft: thousands of gold bars and millions of dollars in bank notes stolen a year ago from Toronto’s international airport. On Wednesday, Canadian authorities announced the arrest of nine people, including an Air Canada employee, in connection with the theft of more than 20 million Canadian dollars, about $14.5 million, in gold bars and 2.5 million dollars, about $1.8 million, in bank notes that vanished from a warehouse at Toronto Pearson Airport in April 2023. Arrest warrants have also been issued for three other people, including a manager at the airline. “One we jokingly say belongs in a Netflix series.” The Peel police are responsible for law enforcement at Toronto’s airport. The gold, Chief Duraiappah said, was partly used to buy guns that were bound for Canada.
Persons: Nishan Duraiappah, Duraiappah Organizations: Air Canada, Toronto Pearson Airport, Peel Regional Police, Netflix, Peel Locations: Toronto, Toronto’s, Canada, Pennsylvania
☆ Air Canada beats quarterly profit estimates, flags strong demand
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +3 min
An Air Canada airplane is towed along a runway at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. Air Canada pilots anticipate sitting down for labor talks with the carrier in the next couple of weeks, a union official said. Montreal-based Air Canada said it expects to grow available seat mile capacity for 2023 by 21% compared with a year earlier. For the quarter ended June 30, Air Canada reported adjusted net income of C$664 million ($493.97 million), or C$1.85 per diluted share. In May, Air Canada said it expected CASM of about 0.5% to 2.5% below 2022 levels.
Persons: Carlos Osorio, Charlene Hudy, Hudy, Mike Rousseau, Shivansh Tiwary, Allison Lampert, Devika Syamnath, Frances Kerry, Elaine Hardcastle, Jonathan Oatis Organizations: Air Canada, Toronto Pearson Airport, REUTERS, North, Air Canada Pilots Association, Canadian, Air, Thomson Locations: Toronto, Mississauga , Ontario, Canada, U.S, Montreal, Air Canada, Bengaluru
☆ Air Canada beats on quarterly profit versus year-ago loss
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +1 min
An Air Canada airplane is towed along a runway at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS/Carlos OsorioAug 11 (Reuters) - Air Canada (AC.TO) reported a better than expected quarterly profit on Friday compared with a year-ago loss and is adding capacity as the country's largest airline cashes in on strong international travel demand. Air Canada reported some relief in a 31.4% decrease in jet fuel prices during the second quarter. For the quarter ended June 30, Air Canada reported adjusted net income of C$664 million ($493.97 million), or C$1.85 per diluted share. In May, Air Canada said it expected CASM of about 0.5% to 2.5% below 2022 levels.
Persons: Carlos Osorio, Shivansh, Allison Lampert, Devika Syamnath, Frances Kerry Organizations: Air Canada, Toronto Pearson Airport, REUTERS, North, Air, Thomson Locations: Toronto, Mississauga , Ontario, Canada, Montreal, Air Canada, Bengaluru
☆ Somebody stole gold and other valuables worth $15 million from Canada's busiest airport, police said
  + stars: | 2023-04-21 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +3 min
Thieves made off from Toronto Pearson airport with gold and valuables worth $15 million, police said. The gold was part of an intra-bank trade involving TD Bank, per a memo seen by the Toronto Sun. Police are investigating a "very rare" heist in which gold and other valuables worth more than C$20 million (about $15 million) were stolen from Canada's busiest airport. This did not involve access to Toronto Pearson itself and did not pose a threat to passengers or GTAA staff." Air Canada, and TD Bank didn't immediately respond to requests for comment from Insider, made outside normal working hours.
☆ $14.8 Million in Gold and Valuables Vanishes From Toronto’s Airport
  + stars: | 2023-04-20 | by ( Ian Austen | ) www.nytimes.com   time to read: +1 min
OTTAWA — Early Monday evening, a special container, about five to six square feet, was unloaded from an airplane at Toronto’s international airport. Inside it was more than 20 million Canadian dollars, about $14.8 million, in gold and other valuables. It was swiftly moved into a secure cargo holding facility. “We are three days in, so our investigators have their eyes open to all avenues,” Inspector Duivesteyn told reporters in Mississauga, Ontario, where the airport is. “We are looking at all angles of how this item was stolen.”
☆ A couple went on a months-long hunt for their lost luggage. They found out that it had been donated to a charity.
  + stars: | 2023-02-03 | by ( Aidan Pollard | ) www.businessinsider.com   time to read: +6 min
"Our luggage was donated to a charity on behalf of Air Canada." Over four months, Rees documented the hunt in a series of videos. "The only reason we got it back is because it became high profile," Rees told Insider in an interview this week. "And then it sat there — for a month, two months, three months," Rees said in the video. "If it takes me and my husband to hold them accountable — that's exactly what we plan on doing," Rees told Insider.
☆ Delta was the most on-time North American airline during a chaotic 2022, data shows. See which carriers made the top 10.
  + stars: | 2022-12-29 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +5 min
Aviation data analytics company Cirium has revealed its annual on-time performance review for 2022. Delta Air Lines led the pack with a rate of about 84%, while Air Canada came in last at just 55%. Travel data provider Official Aviation Guide says a score of at least 80% is considered "pretty good." Fortunately, aviation data analytics company Cirium has the answer. Here is a closer look at North America's best and worst airlines for on-time performance in 2022.
☆ Parking Meter for Stranded Russian Plane Hits $330,000 and Keeps Going
  + stars: | 2022-02-28 | by ( Vipal Monga | ) www.wsj.com   time to read: 1 min
TORONTO—The Toronto Pearson Airport is charging what amounts to nearly a penny a second for a special, extra-large parking space, a bargain given the size. An Antonov An-124 cargo plane has been parked there for more than a year. The flying monstrosity, one of 26 in the world, has a wingspan of 240 feet, double that of a Boeing 737’s, and is roomy enough to ferry satellites, locomotive engines and wind turbines—as much as 150 tons of stuff.
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