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 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.

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Air Canada

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Comment by Soundsoftranceon Aug 07, 2014 8:38am

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Post# 22816664

RE:RE:RE:RE:RE:RE:RE:Air Canada Reports Record Second Quarter 2014 Results

skyplt wrote: For the third quarter of 2014, Air Canada expects adjusted CASM to decrease in the range of 3.5 to 4.5 per cent when compared to the third quarter of 2013.

This was from the company statement. I emphasize that I consider all the news positive, but appreciate some will look to say that some analysts were forecasting .51 share verses .47 and the word "decrease" actually made it into the report. I agree all the news is positive...and I have a heavy investment in AC stock to back up this claim. The point I was making is to be aware there will be some who will be looking for thorns in this bouquet of roses. Hopefully I get to fly high twice with AC today...literally and figuratively.

Going to make this simple for everyone. CASM falling (decreasing) is a GREAT GREAT GREAT FANTASTIC AMAZING measure which is watched closely.

Adjusted cost per available seat mile (CASM) - a measure of how much an airline spends to fly a passenger, excluding fuel - fell nearly 5 percent.

The company said it expects CASM to decline slightly more this year than what it had predicted in May. It now expects a fall of 3.2-4.2 percent, down from 3-4 percent.

This means it is getting CHEAPER for them to fly our butts around the globe. CHEAPER for them means more revenue per (filled) seat.

For the third quarter of 2014, Air Canada expects adjusted CASM to decrease in the range of 3.5 to 4.5 per cent when compared to the third quarter of 2013. - VERY GOOD NEWS STORY

Taking into account Air Canada's adjusted CASM performance in the second quarter of 2014, for the full year 2014, Air Canada now expects adjusted CASM to decrease in the range of 3.2 to 4.2 per cent from the full year 2013 (as opposed to the 3.0 to 4.0 per cent decrease projected in Air Canada's news release dated May 15, 2014).

Air Canada's outlook assumes Canadian GDP growth of 2.0 to 2.5 per cent for 2014. Air Canada also expects that the Canadian dollar will trade, on average, at C$1.08 per U.S. dollar in the third quarter of 2014 and C$1.09 for the full year 2014 and that the price of jet fuel will average 90 cents per litre for the third quarter of 2014 and 91 cents per litre for the full year 2014.