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.

TSX:AC - Post by User

Air Canada > Fuel Savings are already Piling Up ⬆️

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Post by JuIieRichardson Feb 21, 2024 9:26am

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Post# 35890582

Fuel Savings are already Piling Up ⬆️

As previously posted - recent 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 for the year. AC fuel traders will harvest even deeper discounts as the year progresses. Conservative management.. EBITDA guidance range will be bested.

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