I was talking to another FTer last night about AC stock price.

I kept on thinking that it's a smart investment. You can literally see the future* (minus anything unpredictable like an airline incident). You see it with Altitude, the decreasing pitch, the increasing density, the more efficient airplanes, I see it as a crystal ball that AC stock price will go up.

The FTer reminded me about the 1% profit margin, and I quickly felt deflated.

But if you think about it, AC is doing a lot right lately (from a profit point of view).