Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

Add To Watchlist

TSX:AC - Post Discussion

Air Canada > Key Air Canada business performance drivers - Scotiabank

View:

Post by JuIieRichards on Jul 01, 2023 12:14pm

Key Air Canada business performance drivers - Scotiabank

"very positive conclusions from Delta Airlines' investor day, including an excellent air traffic perspective that will also apply to Air Canada"

"(Delta) has taken note of the robust and continuous demand, including that of international travelers, which is on its way to a record summer, a trend that could extend until late autumn, says analyst Konark Gupta"

"the growth in demand is sustainable and should last for several years"

"(Delta) notes that income in terms of percentage of the U.S. OBI is returning to the historical average, while employability remains strong and changes in population consumption habits favors air transport"

Comment: [Canada population trends, immigration on steroids will support this habit - air transport in a bigger way]

"(Delta) business class seats to account for 35% of total revenues in 2023, up 24% compared to 2019, an increase that comes from millennials who travel more and are willing to pay more to have an enhanced travel experience"

"These findings from Delta translate into a very positive look for Air Canada, says the analyst"

255