加拿大航空：坚韧的财务前景和战略市场转移支撑买入评级

Thomas Fitzgerald CFA has given his Buy rating due to a combination of factors, despite the recent challenges faced by Air Canada. The airline experienced a significant impact from an industrial action by flight attendants, resulting in a net financial hit of C$375 million. Despite this setback, management has provided updated guidance, projecting third-quarter EBITDA between C$950 million and C$1 billion, and full-year 2025 EBITDA between C$2.9 billion and C$3.1 billion. These figures, although revised downward, still reflect a resilient financial outlook.
Furthermore, Air Canada’s strategic adjustments in capacity and market focus are noteworthy. The company anticipates a slight capacity growth and has shifted its focus towards the Latin American markets, where it plans to increase seat availability significantly. This strategic pivot, along with the anticipated stabilization of costs and the management’s proactive approach to addressing non-recurring expenses, supports the Buy rating. Thomas Fitzgerald CFA believes that these factors collectively position Air Canada for potential recovery and growth in the near future.

Fitzgerald CFA covers the Industrials sector, focusing on stocks such as Air Canada, Alaska Air, and JetBlue Airways. According to TipRanks, Fitzgerald CFA has an average return of 16.7% and a 75.38% success rate on recommended stocks.

In another report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$25.00 price target.