Stock price when the opinion was issued
Likes the story. They’ve switched their contract and he feels the company came out very well in the negotiations. They moved from a spread over costs which Air Canada (AC-T) used to pay, to a fixed price contract, which is very good for this company. Over the duration of the 10 years that the contract was reset for, the dividend is sustainable.
(Market Call Minute) They love it. The company is not responsible for any of the variable costs.