Air Canada T.AC

Jet fuel prices up over 125% since last year

[TheGrapeOne]

Last year many airlines posted lower ER because of the rise in costs in jet fuel just like AC did.   It is up over 125% since last year.

https://www.iata.org/en/publications/economics/fuel-monitor/

[factoman]

Are you suggesting that last year's earnings were low because of the rise in jet fuel costs?  Won't even go there.  In 2013 and part of 2014, oil prices varied between $110 and $130 USD, and North American airlines were profitable.   Air fares reflected the price of oil.  Today, Air Canada is a much different airline today than it was then.  Why?  A

[TheGrapeOne]

Ok again bigger signal to the market is his sale of 5 x the amount of shares....... And one of the reasons profits will be down this year was the increase in jet fuel prices  last year AC averaged $0.74 per L this year they are expecting $1.10 L  Ac used 2,100,000,000, thats 2.1 billion   the increase in the fuel price will cost AC $756,000,000 this year if the fuel

[RickyBobbyTO]

Don't bother explaining. Obviously they are short sellers doing whatever they can to ride this wave down. Tomorrow the fed will hike 75-100bps... and stocks will probably go up.. because "think of whatever reason the news comes out with in hindsight". The reality is that the fed leaked the 75bps rate hikes and caused the market to dump so that literally anything they do tomorrow will

[factoman]

Agree.  I normally don't respond to the trolls who are trying to spook less-informed investors, but it was an opportunity to put out some updated information.  

[givemeabreak1]

Facto man you now sound like Rouge posting factoids without understanding them.  One of the dumbest statements I have heard on this board " In 2013 and part of 2014, oil prices varied between $110 and $130 USD, and North American airlines were profitable." This statement taken out of contest is meaningless! Sort of like if I said In 2013-2014 oil prices varied between $110 and