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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

Bullboard Posts
Comment by bnwon Aug 11, 2012 3:26pm
279 Views
Post# 20207697

RE: RE: Air Canada loss exceeds expectations

RE: RE: Air Canada loss exceeds expectations

I agree with you testy1.  I actually take it as a positive signal that AC.B did not get blown away with their results announcement.  The stock did go down by 10 cents but it was all on the day of the announced financials and it held steady for the days that followed.  I still believe a favourable announcement concerning the pension issue will be the driver for this stock achieving some significant gains.  Also, I find it interesting that all the airlines have shown recent strength.  In the last 4 trading days, Chorus is up 1.8%, Westjet 4% and Transat 24%.  I think its time to be bullish on airlines.

Bullboard Posts