Post by
TheGrapeOne on Aug 25, 2021 2:45pm
Projected global 2021 air traffic continues to drop
https://www.bain.com/insights/air-travel-forecast-when-will-airlines-recover-from-covid-19-interactive/
forcast for airtraffic revenue dropped billions as a result of the rapid spread of the delta varriant
Comment by
TheGrapeOne on Aug 25, 2021 3:08pm
Just bumping this back up to the top as Julie tried to bury it that is a forcast drop in the billions as of Aug 16 2021..... Can AC afford to loose Billions in revenue at this stage of the game?
Comment by
TheGrapeOne on Aug 26, 2021 8:22am
How will Air Canada fair with the drop in Billions of reveune acording to new forcasts
Comment by
TheGrapeOne on Aug 26, 2021 10:38am
AC will not be cash flow positive by Q4 lol
Comment by
stocktalk on Aug 26, 2021 10:46am
AIrlines are a tough margin business, even the great Buffet dumped all his airline stocks years ago. Round two bankruptcy eminate.
Comment by
Returns2021 on Aug 26, 2021 10:55am
Bankruptcy is off the table.....for now. Shutdown again and now we are talking BK.
Comment by
Invinceableone on Aug 26, 2021 10:50am
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Comment by
givemeabreak1 on Aug 27, 2021 2:38pm
Question for Rouge10. 1. Please post where ac needs 45 percent to be cash flow positive. 2. If the 80 percent is NA regional and the 60 is NA wide then the 80 is already accounted for in the 60 so not sure what you are doing there. 3. If the need 45 percent capacity which I doubt you need to take NA as a total percentage then international as a percentage to get total capacity.