The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Konark Gupta - Scotiabank GBM - Analyst
: Just maybe going back and to your point about, in fact, of the Canadian dollar weakness and macro from the tariff uncertainty, just wanted to
understand, what have you seen so far in the booking curve from both perspectives? Canadian dollar weakness, obviously, you have a lot of
international travel. And also, there's a wave of boycott USA going on in light of tariffs. So what are you seeing in your demand curve right now?
Are people slowing down bookings for certain specific markets? Or is it broad-based?
Question: Konark Gupta - Scotiabank GBM - Analyst
: Okay, that's encouraging. Thanks. And on the other topic of what's happening in Canada, I think there's been discussions about proposals from
the government about privatizing airports. Do you guys have any views how will the privatization impact your business? Will it be beneficial or
less beneficial to you guys? And do you support that?
Question: Konark Gupta - Scotiabank GBM - Analyst
: And that's very clear.
Question: Cameron Doerksen - National Bank Financial - Analyst
: I wanted to ask a little bit about the yield trends in the winter. And overall, yields up 1.7%, but interesting that yield on the southern destinations,
which would be, I guess, the majority of what you're doing in the winter is actually slightly negative. So I'm just wondering if you can talk about
kind of what you're seeing there. I mean, it would seem to me that maybe you're seeing some pretty strong pricing trends on the transatlantic
markets, so if you could confirm that and just see if we're seeing something similar in the second quarter as well.
Question: Cameron Doerksen - National Bank Financial - Analyst
: Okay. Are you seeing -- I guess, in the bookings you've got so far for the summer, and I appreciate it's still pretty early, but that kind of plus 6%
you're seeing in Q2, is that something that you're seeing into the summer period as well with the bookings you've had so far?
Question: Cameron Doerksen - National Bank Financial - Analyst
: Okay, fair enough.
Question: Cameron Doerksen - National Bank Financial - Analyst
: Okay. And just secondly, just on the, I guess, the refinancing your negotiations or discussions. Appreciate that these are complex, but is there any
kind of update on the timeline of when we can finally get something done here? And I'm wondering if a potential change in government in Canada
is going to extend this whole process even even further.
Question: Cameron Doerksen - National Bank Financial - Analyst
: Okay, that's great.
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