Air Canada Ordinary Shares (Voting and Variable Voting)
AC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.H | LOCK|#y | LOCK|!w^%hg |
Air Canada Earnings: Recovering Some Fuel Cost in Ticket Yields; Valuation Restored, Up 18%
Revenue increased 11.3% to CAD 6.3 billion on nearly equal capacity to a year ago, while labor charges contributed to a CAD 215 million operating loss. Air Canada's fuel costs jumped 50% to CAD 1.7 billion compared with last year, and it recovered approximately half that amount in passenger fares.
