FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
View Single Post
Old Aug 9, 2024 | 9:10 am
  #627  
Nightflyer787
All eyes on you!
 
Join Date: Aug 2023
Location: Canada
Programs: Aeroplan 25k
Posts: 172
Originally Posted by JustSomeGuy1978
I can see Europeans not traveling to NA due to Euro's and Olympics but is that such a large component of AC's Atlantic market? If true, shouldn't Air France, Lufthansa, etc have seen a similar drop in their Atlantic demand?
Air France issued a profit warning a few weeks ago.
Air France-KLM currently estimates a negative impact on its forthcoming unit revenues in an order of magnitude, from €160 million to €180 million for the period June until August 2024
Nightflyer787 is offline