Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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... see more

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TSX:AC - Post Discussion

Air Canada > Oil is declining

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Post by JuIieRichards on Feb 20, 2024 3:12pm

Oil is declining

The beginning of its tumble below 70. AC will have plenty of opportunity to hedge its H2/2024 fuel at below its budgeted fuel estimates for 2024 peak season.

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Comment by JuIieRichards on Feb 20, 2024 3:40pm

Current Jet fuel weekly average price was at US$116.01/bbl. Air Canada has set its 2024 baseline at US$129.00/bbl. Each dollar difference will make a difference of CA$45 million to its pre-tax operating income. Current delta is US$13.. favourable .. so run rate of CA$585 million favourable. AC fuel traders will harvest even deeper discounts as the year progresses. Conservative management.. EBITDA ...more

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Comment by Rob8043 on Feb 20, 2024 4:16pm

This post has been removed in accordance with Community Policy

Comment by JuIieRichards on Feb 20, 2024 5:08pm

And the mentality ill board troll heard the term MD&A but hasn't actually read it.. page 45. And he may not be aware of intricacies like looking up IATA weekly jet fuel pricing.. that is spelt I A T A .. too frigging hilarious.. the board clown is clearly losing it.

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Air Canada