
TSE:AC
This summary was created by AI, based on 18 opinions in the last 12 months.
Air Canada has garnered mixed opinions from experts, illustrating the inherent volatility of the airline industry. Some analysts express optimism about its growth potential, emphasizing its strategic market positioning and improvements in operational efficiency and cash reserves. There is recognition of its strong management team and its ability to navigate challenges, such as rising oil prices and geopolitical issues. Many believe that it trades at a discount relative to its historical valuation and its U.S. counterparts, creating potential upside. However, others caution against the unpredictability of airline stocks, citing high operating costs and labor challenges as significant risks for investors.
Airlines have been very volatile. He is cautious with the airlines. AC has been doing well and their recent Air Transat acquisition should be good if it indeed happens. There is a good prospect of growing earnings over the next couple of years. However, if you believe there is going to be a recession soon, then avoid this stock.
It will be interesting to see what happens with the acquisition of the Air Transat airline. Everyone is very cost competitive so he does not like airlines. There might be a bump here. If we are serious about climate change, then air travel is a major contributor. There may be a little money to be made short term on the news, but long term he would not touch them. With the Acquisition of WestJet, things are really getting shaken up in the Canadian Airline industry.
(A Top Pick Jul 27/18, Up 89%) Great job of investing in their business, expanded internationally, grown loyalty plans, new AmEx platform. Great modern fleet. Acquiring Transat. Too late to get in now, based on the economic cycle.