I believe the honeymoon is over for now. The stats will only drop as we get away from the sun destination season. I cannot help but comment on the CEO threatening Westjet with the new regional and low cost product. It takes more that bluster and rhetoric. If there was less preoccupation with Westjet and competing with them when we are unable to compete, perhaps they would concentrate on doing what will bring AC back to profitability. I am truly annoyed at the so called analysts that pump the stock to prop it up for the next collapse. Good strategy to make a profit off us! I sold last week, been there done that.
Bottom line, as the load factors and profits drop during the summer so will the SP. There is nothing to hold it up, there has been too much SP appreciation in the past two months. This is only my opinion.