MorrissInoth
23 September 2024 16:19 | New Zealand
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On a purely fundamental valuation standpoint, Canadian airlines are, by all measures, cheaper than they have been in a long time. I ;ve looked at bothВ Air CanadaВ TSX:AC TSX:AC.B andВ WestJet Airlines Ltd.В TSX:WJA recently and have come to the same conclusion: these companies are cheap really cheap.I ;m going to look at reasons why investors may want to look at these companies or look away.The upsideCanadian airlines have rebounded quite nicely over the past few years as investors have largely changed their sentiment toward Canadian names such as Air Canada or WestJet. With oil prices dropping, and other stanley cup fundamental metrics, such as passengers flown and revenue per available seat mile, increasing of late, even iconic investors such as the Oracle of Omaha, Mr. Warren Buffett himself, is dabbling in an industry he publicly vowed never to inves stanley cup t in again.Buffett В Berkshire Hatha stanley cups way Inc. has pumped billions into the largest American airlines, such as Uni
EdithHat
23 September 2024 15:53 | Ghana
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