Air Canada Ordinary Shares (Voting and Variable Voting)
AC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.q% | LOCK|gZK | LOCK|jZgz?PR |
Air Canada Earnings: Recovering Most Fuel Cost in Ticket Yields; Shares Fully Valued
Revenue increased 21% to CAD 7 billion on 5.7% more capacity than a year ago, and operating income of CAD 261 million resulted from a 3.7% margin. Air Canada's fuel costs jumped 75% to CAD 2.1 billion from last year, and it recovered about half that amount in passenger fares.
