FlyerTalk Forums - View Single Post - Air Canada’s next hurdle: The falling loonie
Old Jan 28, 2014 | 1:57 pm
  #15  
drvannostren
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Originally Posted by ac777
why worry? There will be XD on your ticekt which will be a) USD surcharge b) it will be there to stay. On a more serious note AC probably uses hedging strategies to protect itself as the drop in the loonie was predicted months ago.
Agreed, I'd fully expect to see "Currency conversion" right underneath "fuel surchage"...problem is it'll be bull****. It'll be an arbitrary fee (say $12 per $100) attached to the ticket rather than any real representation of the current rates.

Not only that but then 10 years from now when the Canadian dollar is valued at $1.10 USD or whatever, that fee will STILL be there, much like the AIF that has been in effect at YVR for more than 10 years now, and well after the original project had been completed. "We can always charge the AIF as long as we're under construction". Hence, YVR literally being under construction every day for the 6 years I worked there, and still to this day a year later.
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