Air Canada T.AC

A little survey

[lb1temporary]

I just watch some summer fares. Nothing scientific, only some rapid searches.
For european flights at the end of june , return in july from Montreal, fares are at 1350$ to 1500$ (with 1 checked bag) for Paris or others french cities and 1100$ for London with Air Canada and Transat. 
That's more than the 1000 to 1200$ pre-pandemic fares.
Pent-up demand put some pressure on fares. 
Looks like the fuel will be paid by travellers.

[Returns2021]

nope, AC is in major trouble.  There is no return to decent profitability for a long time to come.  This is why you see share price lower than even a year ago......no business travel, high fuel prices, etc.  It will plunge below $20.  

[Rouge10]

Another sample is of Canada-India flights. Direct flights are full for following days/weeks. If you get lucky to get a seat, it will be way too expensive. Cheapest seats till September are approx. $2800, approx. 50-60% higher than pre covid times. You can estimate the additional cash flow from these flights will be equivalent to how many flights in precovid times.  Canada - Aus flights (4-6

[hurko87]

This post has been removed in accordance with Community Policy

[Returns2021]

Just remember, Rouge10 bought AC shares at $40.  He is desperate to get his money back.  A recession is now a certainty.  What do you think will happen to AC?  $5 here it comes.  Worst stock on the TSX easily