FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
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Old Jul 28, 2024 | 9:58 am
  #598  
YYJ _SLF
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Originally Posted by vernonc
It appears that AC has over capacity (caused in part by other carriers) on some routes and less profit due to fewer business travelers. Should we expect a bonus promo shortly for flying off peak on some routes - double SQM, etc?
If I were to guess, AC’s pricing and revenue prediction models relied too much on what happened post pandemic and ran into a brick wall when extrapolating the past put fares for the second half of 2024 and the first half of 2025 to a ridiculous level which caused customers to balk.

Depending on how responsive to recent data their dynamic pricing models are, I expect fares to drop significantly in the next few months.

I am just a sample size of one but I have no travel booked further than 6 months out which is rare for me. I am tracking 4 Google Flights and I am not willing to pay anywhere near the current prices.
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