What drives Air Canada's stock price?
Aug 4, 23, 2:32 pm
#556
Join Date: Oct 2012
Location: YVR
Programs: AC SE100K, IHG Plat, Bonvoy Plat, HH Silver, BW Gold
Posts: 205
Aug 11, 23, 6:50 am
#557
Join Date: Apr 2019
Location: YYZ
Programs: Aeroplan, FB-AF, Marco Polo
Posts: 538
I just bought some shares and I’ll tell you why.
Yet you’re all still here.
A company doesn’t strive to provide terrible service but rather this becomes a by product of an overloaded system.
The fact there are so many complaints means there are high load factors and checking this over past few months I’ve seen most flights are practically full. Even with AC charging above market rates vs united/delta etc. they’re still getting decent loads.
- flights delayed
- flights cancelled
- baggage lost
- catering not showing up
- service sucks
- long waits
- Denying compensation
Yet you’re all still here.
A company doesn’t strive to provide terrible service but rather this becomes a by product of an overloaded system.
The fact there are so many complaints means there are high load factors and checking this over past few months I’ve seen most flights are practically full. Even with AC charging above market rates vs united/delta etc. they’re still getting decent loads.
Last edited by Eagle2000; Aug 11, 23 at 7:01 am
Aug 11, 23, 8:33 am
#558
FlyerTalk Evangelist
Join Date: Mar 2005
Location: YYZ
Programs: AC*SE 2MM
Posts: 16,302
Looks like an excellent quarter for AC...
https://filecache.investorroom.com/m...Canada_MDA.pdf
https://filecache.investorroom.com/m...Canada_MDA.pdf
Aug 11, 23, 8:53 am
#559
Join Date: Apr 2019
Location: YYZ
Programs: Aeroplan, FB-AF, Marco Polo
Posts: 538
Looks like an excellent quarter for AC...
https://filecache.investorroom.com/m...Canada_MDA.pdf
https://filecache.investorroom.com/m...Canada_MDA.pdf
Sep 13, 23, 7:50 pm
#560
Join Date: Apr 2019
Location: YYZ
Programs: Aeroplan, FB-AF, Marco Polo
Posts: 538
Anyone going to gamble a bit and buy the dip for a trade (1 to 3 month) ? Down from high of 26.04...$ 20.64 today.....main major headwind is the possible pilot strike action end of Sept.
Nov 2, 23, 8:06 am
#562
Join Date: Mar 2007
Posts: 4,780
Look at USA $JETS ETF is crashing, so are JetBlue and Spirit and Hawaii and many airlines are falling to many-year lows, AC is relatively doing better
Nov 2, 23, 8:11 am
#563
Join Date: Apr 2019
Location: YYZ
Programs: Aeroplan, FB-AF, Marco Polo
Posts: 538
Headwinds:
1) Fuel costs (crude oil prices, predict $100/Barrel by years end)
2) predicting future demand drop...possible recession starting in Q1 2024
3) pilot strike
Every flight and airport I have been to/on has been packed. There is still too much liquidity out there sloshing around for people to spend thanks to moron central banks decisions to keep ZIRP for too long. IMO until Crypto/blockchain.NFT collapses there will be strong consumer demand for travel, especially international.
Last edited by Eagle2000; Nov 2, 23 at 8:26 am
Nov 7, 23, 1:12 am
#564
Join Date: Dec 2002
Posts: 7,863
