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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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TSX:AC - Post by User

Air Canada > Oil Prices are now 😝
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•••
Post by JuIieRichardson Dec 05, 2023 9:32am
227 Views
Post# 35768701

Oil Prices are now 😝

Oil Prices are now 😝Almost $10 below AC's 2023 full year budgeted price of $82. Besides the never ending structural cost improvements, surely this large drop will further help Q4 and next Q1 numbers. Possibly new hedges to cover second half of 2024. The bear case built around fuel costs just got crushed on the tarmac. 
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