AC will be an OUTPERFORMER in the PortfolioFor many reasons, over next several years, Air Canada stock will be a solid performer within a well constructed portfolio. It will whoop the performance of most other secors, and also the competitors within the transportation sector. Compared to all other US based airlines, the leverage ratio will be the lowest of all. By end of this year and dropping to even lower numbers in 2024.
Here is a Scotiabank update from last business week:
"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"
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The troll RETURDS has been overposting in panic because the not-so-smart troll masters placed shorts at the wrong time and are now facing financial collapse. TOO FUNNY. And the troll RETURDS was an AC BULL in June 2021 claiming it was his largest investment (bought at 25-27). Poor sod panicked and sold low, then invested in MJ stocks and lost it all. Now the poor beggar trolls endlessly for soup change. LMAOROF. So common, panicky investors who then blame the world for their own messes and bad decisions. Pathetic. Steady hands have been winning the investing game for past 100 years and longer. They will continue to win. Owning AC since 2012, and still adding.