The sector faces pressures, but there is money to be made in airline industry if you know where to look.
That’s the opinion of RBC Dominion Securities analyst James McGarragle, who sees a tougher environment for the space as we enter 2025. The analyst says investors should not expect a repeat of 2024.
“Share prices generally outperformed in Q4,” McGarragle wrote. “Canadian Airlines & Aerospace share prices generally outperformed the index during the quarter with the exception of BBD, (down down 5 per cent) as continued supply chain issues impacted margins in Q3 adding risk in our view to 2025 FCF guidance. CAE’s performance was driven by strong defence margin growth in FQ2, the SIMCOM acquisition, and the…
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