RE:RE:It will not see $20 This clown is clueless on the market and purchased shares above $27. He is simply a desperate bagholder. Travel has picked up, but AC is not able to generate a profit as their costs are through the roof. A recession will happen soon which will kill minimum 20% of travel demand. AC will see $5. $20 is not happening in your life time.
Wynjoe wrote: Since the pandemic lockdowns became rampant in early 20/20 Air Canadas s/p has went from under $10.00 to over $18.00 today,how is that dropping? Thats a nearly 3 year increase in share price,lol.Before that s/p was nearing $60.00. Today we have fuel prices dropping and flights being added to all the airlines, including Air Canada, why would you lie about these things,are you insane? Why try and mislead anyone,the airline recovery is most certainly happening and nothing you nor I say here will stop that. Cargo revenues will add to Air Canada's bottom line and as personnel are rehired, things will operate more smoothly for this extremely safe and efficient and iconic Canadian company. Major Buy!!!