FlyerTalk Forums - View Single Post - Air Canada’s next hurdle: The falling loonie
Old Jan 27, 2014 | 10:02 pm
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Originally Posted by tcook052

Fuel is Air Canada’s single largest expense. It represented 30 per cent of the airline’s costs in the first nine months of 2013, and it’s sold in U.S. dollars. So are the planes that Canada’s biggest carrier has been eagerly ordering as it seeks to renew its fleet with fuel-efficient jets.
Nonsense. Fuel may be *priced* in US dollars. Does not mean anything though. Red herring.

In other words, if the US dollar goes up against most other currentcies, fuel price in US dollars should go down.

As to buying fuel efficient planes. looks like AC decide they would rather go for cheaper ones than more fuel-efficient ones, I think?

So does Calin already regret them being cheap? :
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