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Bullboard - Stock Discussion Forum 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... see more

TSX:AC - Post Discussion

Air Canada > Jet fuel cost increase will cost AC $746,000,000.00
View:
Post by TheGrapeOne on Jun 14, 2022 2:56pm

Jet fuel cost increase will cost AC $746,000,000.00

Some pumper here will say it will not be an issue but that is an increase of 3/4 of a BILLION.

last year AC paid $0.74 L this year they expect $1.10 L they use over 2.1 bllion L a year


This will take a huge hit on the profit margin.

AC along wiht other airlines all reported that the cost last year had a major impact on profits since then it has gone up 124%.....

But hey its only profits
Comment by RickyBobbyTO on Jun 14, 2022 3:20pm
these posts typically only come at bottoms.   
Comment by TheGrapeOne on Jun 14, 2022 3:31pm
So dismiss the facts and try to brush it off. I have said that jet fuel prices would be an issue for over a year now and its only getting worse. But hey cross your fingers eh?
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