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Air Canada T.AC

Alternate Symbol(s):  ACDVF

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.


TSX:AC - Post by User

Post by JuIieRichardson Jan 31, 2024 10:36am
117 Views
Post# 35854838

Oil prices heading down 👇

Oil prices heading down 👇Watch the rest of H1 2024. WTI oil will go below 70. AC will have perfect hedges in place for H2 when oil price will move up to the 80+ range. AC can make plenty of money with oil at 100+. Sudden changes are the ones that are harder to absorb without prior hedges. The current crop of Aeroplan clients are hell bent on travelling regardless of increasing seat pricing. They have money and life is short. Covid changed travel attitudes among the affluent. And there are plenty of them in all age groups. The Trudeau era of crooks created a bigger divide.. the wealthy got wealthier and the handout class got poorer. 
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