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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

Comment by Tempo1on May 04, 2024 11:21am
77 Views
Post# 36023201

RE:Q1 results and onwards

RE:Q1 results and onwardsThanks for this update. You give a perspective view to the results. 

I agree with many of your points and and think that the market doesn't give to Air Canada the value it desserves.

But for the fuel you write :  ...  ''In any case jet fuel price is staying well below the planned number.''...

I can't conciliate this with the fact that, according to the financial statements, the fuel cost was at 1,05$ in the quarter VS the management's forecasts of 1,01$. More, thursday, they move upwards the forecasts to 1,03 $ for the full year. 

I am not sure that fuel cost will be a savior this year.
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