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 > Compensation

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Post by Veecee1 on Aug 08, 2024 7:51am

Compensation

Most if (not all) of the reduced guidance is result of the P &W engine problems. The P&W compensation arrangement will be similair to Boeing's. Low liquidity airlines like Porter will take cash up front, but Air Canada will take it in future in kind considerations like the 7 Max-8 leasing costs and possibly credits on future deliveries of A220s, reducing future capex and increasing FCF. They also announce yesterday they will push out $1 billion of capex to 2027. More cash for shareholders.

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