Lower costs—higher shares

             Since the Christmas travel season is not far away, booking a cheap and accurate air ticket has become an important problem in the people’s lives. Thus, choosing a good airplane company out of competitive markets become ever harder this time. Air Canada, which is regarded as the most popular air company in Canada, starts to provide the cheapest air tickets at lowest price of $690 for round trip from September till January next year.

 

Yesterday’s CBC news came out a newest message of Air Canada, which says Air Canada shares shot up about 10% after providing cheap tickets. Indeed, Air Canada has already begun to adjust the earning for the third quarter, as the third quarter will be ended at Monday, 7th October. According to their year plan, an decrease of adjust cost could successfully leading a dramatic increasing in the amount of customers in the third quarter, which will also meet their expectation of booming the company shares in the future. Thereafter, it would be easier for the further development of Air Canada at the end of fiscal year.

Therefore, as a wise customer, we should keep our eyes on air Canada; thereafter; a lot of money could be saved during our winter vacation.

URL: http://www.cbc.ca/news/business/air-canada-shares-rise-on-news-of-lower-costs-1.1912574

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