RE:RE:RelaxAC is doing a good job . I don't always agree with their thinking or moves , but they finally have what sounds like a good business plan.
Been looking at YYZ and YVR airport stats. Specifically, pax numbers year and monthly vs last year.
Both up average over 5 %. I'm not saying it's all AC . But they are the donimate carrier and I also think all other AC numbers will be good.
Yes 787 intro has been ( finally!) introduced and the bugs have been worked thru. Many more 787-9 due to be delivered. It is 20% cheaper on fuel. Not to mention maintence vs a 767.
I realize that AC owes money on them. But Boeing had delivery delays for what ?....2 -3 years? I know they cut the price to AC big time due to all the delays.
if fuel remains stable and I think it will for at least a year ,the company can sustain very nice profits going into 2017-18. AC hedges fuel. So they buy in bulk if you will ...at a fixed cost for a fixed period down the road.
Not a pumper. I have 50K in this at average 9.69.
We just have to be patient and we will be rewarded.