RE:AC Stock CHAMPIONOnTheBalance wrote: Investors focused on Wealth Creation, including 'successful' wealth managers need to be reading and digesting various types of information, continuously, and putting it together. The few people who work at Berkshire, don't spend hours on the phone each day, but they read 10 to 12 hours or more every day.
Air Canada recently announced VERY IMPORTANT information on the ESG Investing front. Read up Airlineinvestor post, The Smuggler.
https://stockhouse.com/companies/bullboard?symbol=t.ac&postid=32855819
A major asset buying business such as Canada's own Brookfield has Calin Rovinescu as Senior Advisor for its Aerospace segment, and he has indicated that oipportunities are COLOSSAL. I am not yet suggesting anything, just reading.
Also read up Airlineinvestor's other recent post JAILBREAK. If you don't already understand that AEROPLAN loyalty dollars paid to AC through banks (to be expanded into US via JPM) contributes huge margins, aka EBITDA, you need to read up more. Forget the old stories on airlines changing a dollar for four quarters.
Put all of it together.
Berkshire bought BNSF Railway years ago. Railways had transformed themselves. The future lies in Aerospace. Airlines and Airports that have transformed themselves, with tonnes of effort. Those are the assets to own, AC will be a stock Champion again.
good info