Air Canada shares fall after revealing 2028 growth projects
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Air Canada shares dropped over 8% following the announcement of its 2028 growth targets, aiming for a 36% increase in operating revenue by 2028.
December 17, 2024 | 4:30 pm
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Air Canada's shares fell over 8% after announcing a 36% revenue growth target by 2028, indicating investor skepticism about the ambitious plan.
The significant drop in share price suggests that investors are concerned about the feasibility of Air Canada's ambitious growth targets. The market reaction indicates skepticism about the company's ability to achieve a 36% increase in operating revenue by 2028.
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