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Originally Posted by thenoflyzone
AA stock price is bad. LH is doing bad as well. UA is doing ok, but nowhere near 2020. IAG stock is stagnant, and nowhere near 2020 levels as well, etc.
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Yep American Airlines stock is bad. Guess who else is right down there with them:
That doesn't look like an airline who is killing it to me, it looks like an airline that is struggling and fighting it out with the bottom of the barrel.
Quote:
Originally Posted by thenoflyzone
Like it or not, those 8 dreamliners at YYC are part of the reason why AC isn't looking eastward too much out of YVR. But they most certainly do give a damn.
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If they gave a damn wouldn't they defend one of their supposed hubs rather than just ceede the business to their largest domestic rival?
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Originally Posted by thenoflyzone
Like I said, YYZ and YUL, the two largest international markets in Canada, are well placed for AC to use, especially to Europe, and especially to draw 6th freedom traffic from the US.
Besides, are you saying if AC added more long haul out of YVR, YEG and YYC, stock prices would magically go up? Come on Lefty !
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Magic? No.
What I am talking about is better strategy. By putting all their eggs in one basket, that is already full of eggs, they are not most effectively using their airframes. The news out of YYZ and YUL last year, and the year prior, about capacity issues and blown operations was everywhere, yet they are still forcing 12 odd million people out west to either transfer through their competition in YYC or fly out to the gongshow in the east, which is not only out of the way but also in disarray, causing poor customer satisfaction and lost potential revenue. This seems like a poor strategy, no?
Air Canada's capacity to Europe, when measured against pre-covid levels, is down 38% in YVR. That's pathetic. Do you really think 38% less people are flying between Europe and Vancouver when Vancouver has been growing like crazy and there's more tourism/conferences/cruise ships etc... than ever? Instead it launches more and more flights to Europe out of YYZ/YUL then is shocked when there are ops issues.
Maybe add a flight or two out of your other hub to relieve pressure on the two hubs out east and they might find that their ops are more smooth back east and they put more pressure on Westjet who is enjoying little to no competitive presence from AC. They're getting a free ride and are entrenching their hub without needing to fight off AC at all. It's bizarre.
Is it going to fix all their problems? No of course not, but maybe it might help them stop fighting it out with AA for who has the worst performing stock of a major airline in North America.