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.