Air Canada: Holds Potential, But Short-Term Growth Might Be Modest

Aug. 22, 2022 6:04 AM ETAir Canada (AC:CA), ACDVF1 Comment
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Discount Fountain
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Summary

  • Air Canada has seen a strong rebound in revenue passenger miles.
  • However, the company has seen a decline in operating revenue per available seat miles.
  • Investors are likely to want further evidence of earnings growth before we see significant further upside in this stock.

Air Canada Boeing 787 departing Vancouver International Airport

Alvin Man

Investment Thesis: While Air Canada has potential for growth over the longer-term, growth in the short term could be modest until the company sees a significant rebound in operating revenue per ASM.

In a previous article back

Air Canada stock price

Investing.com

Air Canada: Second Quarter 2022 Financial Results

Air Canada: Second Quarter 2022 Financial Results

Air Canada Second Quarter 2022: Condensed Consolidated Financial Statements and Notes

Air Canada Second Quarter 2022: Condensed Consolidated Financial Statements and Notes

Air Canada: Second Quarter 2022 Financial Results

Air Canada: Second Quarter 2022 Financial Results

This article was written by

Discount Fountain profile picture
4.26K Followers
I am an independent investor with an interest in analyzing stocks across the consumer, finance, telecommunication, and travel sectors. As a data scientist, I also have a great interest in using data tools to better understand a company's financial position.Some examples include:- Aggregating quarterly churn and ARPU data for Deutsche Telekom (DTEGY) and analysing trends over time using SQL: https://seekingalpha.com/article/4516805-deutsche-telekom-growth-potential-remains- Building a Monte Carlo simulation in Python to analyze loss ratios for Zurich Insurance Group (ZURVY): https://seekingalpha.com/article/4459821-zurich-insurance-stock-solid-insurance-company-still-faces-risks- Examining ADR and RevPAR trends by brand for Hilton Worldwide Holdings (HLT) using SQL: https://seekingalpha.com/article/4517248-hilton-worldwide-holdings-an-analysis-of-adr-and-revpar-trendsDisclaimer: All of the author's articles are written on an "as is" basis and without warranty. They represent the author's opinion only and in no way constitute professional investment advice. It is the responsibility of the reader to conduct their due diligence and seek investment advice from a licensed professional before making any investment decisions. The author disclaims all liability for any actions taken based on the information contained in any articles published.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article is written on an "as is" basis and without warranty. The content represents my opinion only and in no way constitutes professional investment advice. It is the responsibility of the reader to conduct their due diligence and seek investment advice from a licensed professional before making any investment decisions. The author disclaims all liability for any actions taken based on the information contained in this article.

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