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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Comment by Tempo1on May 04, 2024 2:52pm
101 Views
Post# 36023426

RE:RE:Q1 results and onwards

RE:RE:Q1 results and onwardsDon't be distracted by sensibility analysis or any else things from the 2023 financial statements . 

The words written clearly by Air Canada is  (news release and in the Q1 2024 financial statements:):

 Air Canada is reiterating the full year 2024 guidance provided in its news release dated February 16, 2024, as described below.

Metric 2024

Guidance

 Adjusted EBITDA $3.7 to $4.2 billion

Major Assumptions

Air Canada made assumptions in preparing its guidance — including moderate Canadian GDP growth for 2024. As part of its assumptions, Air Canada now assumes that the Canadian dollar will trade, on average, at C$1.35 per U.S. dollar for the full year 2024 and that the price of jet fuel will average C$1.03 per litre for the full year 2024.


Words means something.
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