Comment by
Rouge10 on May 17, 2024 12:26pm
Absolutely. AC business model is a FCF generator. Covid only disrupted the model for 2-3 years and FCF has started again. Last 4 Qs have produced $3.8B FCF (after purchasing aircraft). Demand is strong, yields are stable, cost is accounted for and tools like Aeroplan, Credit Cards, 6th freedom, etc.. will only sweeten the deal. Expect $2.0B+/year of FCF.
Comment by
DrInvestor on May 17, 2024 1:52pm
and don't forget DiBert, he is excellent, did a very good job at BBD during difficult times. AC will be at $30 sometime this summer imo.