Q: hi 5i
Air Canada has big jump in share price this morning...What is happening here, can you provide update and whether this might continue......
Id situation is positive would it warrant a hold?
thx
Air Canada has big jump in share price this morning...What is happening here, can you provide update and whether this might continue......
Id situation is positive would it warrant a hold?
thx
5i Research Answer:
AC has adjusted its fares, and is now going to be charging fees for carry-on bags on some lower rate fares. This is high margin business. Ottawa is not happy though and we might see pushback. For now we would hold.