Air Canada Shs Voting and Variable Voting

AC: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 25.00	Tpqvt	Vbmpfnkqr

Air Canada Earnings: Air Canada Is Catching Up on Both Growth and Costs; Lowering Our FVE

Nicolas Owens

Feb 16, 2024

Having reviewed no-moat Air Canada's final 2023 results and management's 2024 expectations, we have lowered our fair value estimate to CAD 14 from CAD 15.

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