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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Comment by flamingogoldon Sep 13, 2022 3:38pm
68 Views
Post# 34960203

RE:Plunge today

RE:Plunge todayYou must be banging the table at frustration watching markets take a beating but AC hanging tough. The juice has mostly been squeezed out of the airlines. The shorts did not expect travel demand to rebound as robustly as it has and so equity prices were pushed down long before inflation became a concern. Just wait until there's the slightlest whiff of inflation abating or Putin being ousted for a failed invasion. The coming rebound will be monumental.

Returns2021 wrote: As yours truly called it once again, you would regret not selling at $19.  She is going to plunge today.


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