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AC Suspends 2019 Financial Guidance

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AC Suspends 2019 Financial Guidance

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Old Mar 15, 2019, 3:36 pm
  #16  
 
Join Date: Apr 2016
Posts: 296
But if goes for several months, it could be very costly.
yes and no.

AC also has a good excuse to cancel and/or consolidate flights without paying compensation because it’s something beyond the carrier’s control.

Though I’m unsure how EU261 will handle delays for those fortunate to be covered by it. If a month goes by, can a consumer play the “it’s the carrier’s obligation to have enough aircraft in its fleet if some are grounded” card? And what if you were never booked on a MAX, but AC borrowed that aircraft to consolidate some other route and you arrive home 5 hours later?

Secondly, taking 5-10% of capacity out without the same hit to demand can drive up prices.
tecate55 is offline  
Old Mar 15, 2019, 4:14 pm
  #17  
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Originally Posted by tecate55
Secondly, taking 5-10% of capacity out without the same hit to demand can drive up prices.
Assuming demand remains unchanged, that is. Maybe demand will drop with the infrequent flyers opting not to travel as they're scared off flying given this week's developments.
tcook052 is offline  
Old Mar 15, 2019, 4:57 pm
  #18  
 
Join Date: Apr 2010
Posts: 58
Yyz-sfo one way in business now over $C5000 March 17 to 23
penbrook is offline  
Old Mar 15, 2019, 5:11 pm
  #19  
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Originally Posted by penbrook
Yyz-sfo one way in business now over $C5000 March 17 to 23
It's 2 days away. Plus there is high demand.

YYZ-HKG is $8,000 departing March 17
YYZ ot YVR is not even available in Business Lowest on any flight on March 17. Outbound alone is approx $2,500 depending on the specific flight.

If people need to get where they need to go and will pay the last minute fares AC is showing, well, good for AC.
There are always options.
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Old Mar 16, 2019, 12:35 am
  #20  
 
Join Date: Apr 2002
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Originally Posted by ChrisA330
Although they were expecting to have a total of 36 by summer. There are 4 aircraft that are already assembled. 2 on the flight line, 1 in pre flight prep and 1 in PDX getting painted.
Yes, but were there not 320 retirements that were going to take place, and are almost certainly set back at this point? 3 320's just celebrated their 29th birthdays already this year, and 7 in total will turn 29 this year.

Assuming they can keep the old 320s generated for the planned sorties and the Embraers in the fleet, instead of their planned retirements/sale, its not as severe as losing 36 aircraft. The hard limit on the 320s is probably when they require their heavy maintenance checks as AC probably can obtain waivers for the other airworthiness items on an interim basis.
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