Next 3 quarter outlook is good CAD Dollar is hovering above 90 cents since end of March, the load factor has increased and will be increasing. There were no weather related concerns in Q2. So the factors which contributed to loss in q1 are all gone. Outlook for CAD Dollar is good, it will most likely remain in range of 91 to 94 this year, load is increasing, company is cutting costs and streamlining its operations so I dont see any reason to panic, it is a stock which will reach $25 in a year or so