Record operating revenues of $5.404 billion for the fourth quarter, 4% higher year over year. Record operating revenues of $22.255 billion for the full year 2024, 2% higher year over year.
Transportation stocks like ACDVF, VLRS and GLNG have the potential to deliver better-than-expected fourth-quarter results.
Air Canada (ACDVF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Air Canada stock has hit my 2024 and 2025 price targets early, prompting a reassessment of its future upside potential. Despite disappointing guidance for 2025, with slowing capacity growth and rising costs, the stock still offers significant upside potential. Updated multi-year price targets suggest a 25% upside for 2025 and 41% upside for 2026, maintaining a buy rating with a $19.10 target.
TORONTO--(BUSINESS WIRE)--From January 3rd to 5th a brand new interactive pop-up on Queen Street will show how bad flying could get for passengers and how bad things already are for flight attendants. The Unfair Canada parody experience shows an exaggerated look at the airline's corporate greed with a set of “new features”. “Everyone has their frustrations with flying, but for us as flight attendants, working hundreds of unpaid hours shoots to the top of the list,” said Wesley Lesosky, Presiden.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Stifel raised the firm's price target on Air Canada to C$28 from C$25.50 and keeps a Buy rating on the shares.
VANCOUVER--(BUSINESS WIRE)--From December 20th to 22nd a brand new interactive pop-up in Gastown will show how bad flying could get for passengers and how bad things already are for flight attendants. The Unfair Canada parody experience shows an exaggerated look at the airline's corporate greed with a set of “new features”. “Everyone has their frustrations with flying, but for us as flight attendants, working hundreds of unpaid hours shoots to the top of the list,” said Wesley Lesosky, Presiden.
Air Canada (TSX:AC.B) shares plunged more than 8% after the airline unveiled ambitious growth targets at its 2024 Investor Day. The company is targeting a 36% increase in operating revenue between this year and 2028.
Accelerated commercial growth strategy grounded on strong foundation built over the last decade and leveraging many opportunities ahead Focus on margin expansion, consistent cash generation to invest in the business and create long-term value for shareholders Capital allocation objectives with disciplined balance sheet management and responsible risk profile Air Canada reaffirms full year 2024 guidance and shares expectations for certain financial measures for the full year 2025 full year guidance, financial targets for 2028, and long-term aspiration shared MONTREAL , Dec. 17, 2024 /PRNewswire/ - In conjunction with its 2024 Investor Day being held today at 8:30 a.m. ET., Air Canada today reaffirmed its 2024 full year guidance with certain full-year expectations, announced its 2025 full year guidance, its 2028 key financial targets and 2030 aspirations.
Air Canada decided to introduce carry-on baggage fees for some customers to stay competitive with changing market forces in the country, a company executive told a parliamentary committee on Friday.
Does Air Canada (ACDVF) have what it takes to be a top stock pick for momentum investors? Let's find out.