What drives Air Canada's stock price?
Oct 5, 2021, 4:12 pm
#511
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Oct 6, 2021, 9:14 am
#512
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Oct 9, 2021, 12:40 am
#513
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https://www.bnnbloomberg.ca/air-cana...kets-1.1663422
Air Canada investors shouldn’t be concerned about the airline heading back to the public markets to raise cash any time soon, according to Chief Executive Officer Michael Rousseau.
Air Canada investors shouldn’t be concerned about the airline heading back to the public markets to raise cash any time soon, according to Chief Executive Officer Michael Rousseau.
Oct 10, 2021, 9:03 pm
#514
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https://www.bnnbloomberg.ca/air-cana...kets-1.1663422
Air Canada investors shouldn’t be concerned about the airline heading back to the public markets to raise cash any time soon, according to Chief Executive Officer Michael Rousseau.
Air Canada investors shouldn’t be concerned about the airline heading back to the public markets to raise cash any time soon, according to Chief Executive Officer Michael Rousseau.
Maybe do it when they go to $29's, if ever
Apr 21, 2022, 5:20 am
#515
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United, Delta, and American all expect to be profitable this year. AC's first quarter will be very interesting - seems that forward bookings are very strong based on limited availability and prices. It is trading about $24 and the average price target is around $30. Certainly seems positive. Good time to buy shares.
Apr 21, 2022, 6:20 am
#516
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United, Delta, and American all expect to be profitable this year. AC's first quarter will be very interesting - seems that forward bookings are very strong based on limited availability and prices. It is trading about $24 and the average price target is around $30. Certainly seems positive. Good time to buy shares.
Another concern is how they hedged fuel prices, I recall that is the third or second largest expense.
Thirdly these high and fast climbs in oil prices (look at 2008) usually precede recessions....people will spend/travel less.
Buyer beware...
Jun 16, 2022, 11:01 am
#517
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Jun 16, 2022, 1:24 pm
#520
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Jun 16, 2022, 2:03 pm
#522
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Well the broader market is also tanking. Googling revealed some key points:
- High demand and high pricing offset by higher costs.
- High inflation and or recession looming, potentially a bad fall/winter season.
- Easy to cut spending on airfares for corporations and individuals alike when times get tough, so demand could fall drastically if the economy falters.
Jun 16, 2022, 8:32 pm
#523
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With the Westjet decision to retreat to the West and concentrate on it's roots as a LCC.. will we see a big jump (hopefully just with the shares.. not the fares!)
Ron.
Ron.
Jun 17, 2022, 1:04 pm
#525
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Don't airlines generally sign long term fuel supply agreements in an attempt to protect themselves from price fluctuations. I'd imagine, depending on when those contracts expire, that there would be price shocks to the current elevated prices. Perhaps this is a factor.