RE:RE:Oil is declining And the mentality ill board troll heard the term MD&A but hasn't actually read it.. page 45. And he may not be aware of intricacies like looking up IATA weekly jet fuel pricing.. that is spelt I A T A .. too frigging hilarious.. the board clown is clearly losing it.
JuIieRichards wrote: Current Jet fuel weekly average price was at US$116.01/bbl. Air Canada has set its 2024 baseline at US$129.00/bbl. Each dollar difference will make a difference of CA$45 million to its pre-tax operating income. Current delta is US$13.. favourable .. so run rate of CA$585 million favourable. AC fuel traders will harvest even deeper discounts as the year progresses. Conservative management.. EBITDA guidance range will be bested.
JuIieRichards wrote: The beginning of its tumble below 70. AC will have plenty of opportunity to hedge its H2/2024 fuel at below its budgeted fuel estimates for 2024 peak season.