Is Air Canada a good TSX stock?

In 2019, Air Canada reported $18 billion in revenue. This gave it so much positive cash flow, it led the airline industry in terms of return on equity (ROE) and return on assets (ROA). Investors who had invested in Air Canada from 2012 to 2019 would have enjoyed a 5,839% return, making it one of the best-performing TSX stocks.

What types of aircraft does JSX fly?

The JSX fleet comprises the following aircraft: JSX flights depart from private jet terminals separate from the passenger terminals used by Part 121 and some Part 135 airlines, commonly referred to as FBOs. In most locations, the facility is operated by JSX, while in some, JSX utilizes existing facilities managed by other companies.

Can airline stocks beat TSX favourites?

The airline industry is highly cyclical, and its stocks can move up and down wildly. Historically, airline stocks have underperformed the overall market, and even when they’ve done exceptionally well, they rarely beat TSX favourites.