A very informative post by VeeCee1 on StocktwitsThis is a copy of a post by VeeCee1 published may 25 on Stocktwits. (I don't see it on Stockhouse)
Some key points from today’s Wolfe research conference ..
-100% capacity for 2024
- focus on reducing costs with new technology, using Ai
-Aeroplan exceeding targets of 7million for 2024, early in 2023. Will provide new target guidance, ´stay tuned ´
- Capital deployment- pay cash for new planes , deleveraging to get to 1.5x end 2024
- returns to shareholders in 2025
- projected margins of 20% plus , ahead of 2019 19%
- cost assumptions with their best estimates for labour included in guidance
-Q1 load factor for Pacific 90%
- no weakness in any area Demand environment continues to be strong