SafeFlyer From Canada, joined Jan 2001, 621 posts, RR: 5 Posted (6 years 2 weeks 1 day 15 hours ago) and read 2214 times:
ACE enterpises posted their first quarter results today after most other majors in North America. Despite all the cuts, AC is still loosing money. The first quarter is indeed ususally slow, but with all the strong load factors they've posted, it's hard to imagine what their breaking point is. Historically, Q1 profits have been dismal. Opinions?
Net loss: 72 million $
Operating loss: 20 million $
SunriseValley From Canada, joined Jul 2004, 3954 posts, RR: 4 Reply 3, posted (6 years 2 weeks 1 day 2 hours ago) and read 1935 times:
Quoting WorldTraveler (Reply 2): transborder fares are still very cut throat. AC needs to quit trying to stimulate traffic and price for profitability.
I was just looking at a YYZ-LAX fare at about $C700 compared to BUF-LAX at $C350. Big incentive to drive to BUF.!
ScrubbsYWG From Canada, joined Mar 2007, 1486 posts, RR: 0 Reply 4, posted (6 years 2 weeks 1 day 1 hour ago) and read 1923 times:
the had a good pass sale on. i got an eastern NA pass where i flew YWG-LGA and YWG-BOS round trip for less than 700 All in. I was happy with that fare.
Connies4ever From Canada, joined Feb 2006, 3857 posts, RR: 13 Reply 5, posted (6 years 2 weeks 21 hours ago) and read 1817 times:
Load factors are one thing, yield is another.
BTW, AC itself posted a loss of $34M, last year $126M for the same period.
It was ACE (whichencompasses AC, Jazz, ACTS, and Aeroplan) which posted the $72M loss.
Multimark From Canada, joined Jul 2006, 745 posts, RR: 0 Reply 6, posted (6 years 2 weeks 18 hours ago) and read 1748 times:
Quoting SunriseValley (Reply 1): He also noted the new Embraer E190 fleet produced direct operating costs 20 per cent lower than the Airbus A319 fleet on a per trip basis.
Is that based on the flights when the junkle jets actually made it off the tarmac?
SunriseValley From Canada, joined Jul 2004, 3954 posts, RR: 4 Reply 7, posted (6 years 2 weeks 17 hours ago) and read 1730 times:
Quoting Multimark (Reply 6): s that based on the flights when the junkle jets actually made it off the tarmac?
By definition it must refer to actual operations. The E190 is not the first aircraft to have a "slow" EIS . I believe in other threads AC insiders have talked about other presently in service types which they characterized as Hangar Queens during
their EIS phase.
WorldTraveler From , joined Dec 1969, posts, RR: Reply 8, posted (6 years 2 weeks 15 hours ago) and read 1661 times:
Quoting SunriseValley (Reply 3): I was just looking at a YYZ-LAX fare at about $C700 compared to BUF-LAX at $C350.
you can file any fare you want but what the customer actually pays is something entirely different. Canadian fares are largely one-way which means it is very easy to get good discounts if you plan - which many businesses are able to do.
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