Post by
Returns2021 on Oct 14, 2021 12:22pm
Outlook
For airliners is very unfavorable. After losing billions, they are set for more losses even as things open up thanks to high fuel prices (biggest input cost). There is absolutely ZERO reasons to buy shares at current prices when you can have them 50% cheaper in due time
Comment by
TheGrapeOne on Oct 14, 2021 12:46pm
Problem wiht the riseing fuel costs ($3,500,000,000 for AC) is that we are heading in to a recession so jacking the price of the flights 40% to cover the cost of the fuel will cost tehm a lot of butts in seats. The rate of inflation over te enext few months caused by supply chain shortages is going to put the pinch on the people who wont be able to pay $1200 to fly from Montreal to Toronto