Air Canada T.AC

Remember what can happen to the SP when the Street wakes up

[Nordico]

August 2016: $9 September 2017: $26

[Ganyman61]

Delta Airline news not good. Expect down day A.C. again.

[Nordico]

Met adjusted earnings estimates and the big headwind was domestic-flight competition in the States, something which does not affect AC. International revs were solid.

[DrInvestor]

AC won't have the same problem as domestic fares are pretty high and will remain high. https://www.dailymail.co.uk/yourmoney/consumer/article-13624463/delta-airlines-ceo-earning-report-flight.html https://financialpost.com/transportation/airlines/airline-fares-set-to-soar-summer https://www.biv.com/news/canadians-paying-more-for-airfares-as-summer-ticket-prices-jump-9094042

[Nordico]

Yep, too much domestic capacity in the States, meanwhile too tight (for the consumer anyway) in Canada - especially since Lynx Air went kaput. I think we'll see a nice boost to the SP on August 9th with the Q2 ER. AC should pull in $650M+ adjusted net income for the quarter.

[Veecee1]

A new report says travellers are paying significantly more to fly within Canada during peak tourism season compared with last year, as limited capacity and competition outweigh softening demand to push up airfares. Prices for domestic flights from July through September stand 14 per cent higher on average than they did 12 months ago, according to figures from the Flight Centre Travel Group

[Rouge10]

In one of the previous Q (I think Q4), only 27% of AC's revenue came from domestic market (not including transborder). I believe that number would be lower in 2024 (because of many new international routes). As country/people, Canada is more connected to the world due to its higher immigration numbers esp in recent year.  For US airlines (Delta, United and American) this number is >60

[DrInvestor]

AC will soon be recognized as the airline stock to own. Keep your shares and thank me later. Target $32.