Analysts seem to be impressed by Canadian Airlines’ plan to turn around its fortunes but investors are not quite so keen.
Analysts seem to be impressed by Canadian Airlines’ plan to turn around its fortunes but investors are not quite so keen. The Montreal Gazette reports that analysts expect the airline to achieve the best return among the 10 biggest airlines in North America and are rating it as the highest in the sector. However investors aren’t yet rushing to add its stock to their portfolio with a 1.3 per cent gain this year. Results are due on May 12 and an investor day in June may boost confidence in the carrier.
