SafeFlyer From Canada, joined Jan 2001, 541 posts, RR: 4 Posted (1 year 3 months 4 weeks 23 hours ago) and read 913 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, 1735 posts, RR: 0 Reply 3, posted (1 year 3 months 4 weeks 10 hours ago) and read 634 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, 841 posts, RR: 0 Reply 4, posted (1 year 3 months 4 weeks 10 hours ago) and read 622 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.
Counties I've visited: France, England, Monaco, Ireland, USA, Bahamas
Connies4ever From Canada, joined Feb 2006, 1122 posts, RR: 1 Reply 5, posted (1 year 3 months 4 weeks 6 hours ago) and read 516 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, 353 posts, RR: 0 Reply 6, posted (1 year 3 months 4 weeks 2 hours ago) and read 447 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, 1735 posts, RR: 0 Reply 7, posted (1 year 3 months 4 weeks 2 hours ago) and read 429 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 United States, joined Aug 2003, 4789 posts, RR: 18 Reply 8, posted (1 year 3 months 3 weeks 6 days 23 hours ago) and read 360 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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