RE:Why is AC heading down?The entire sector is down. Paris Air posted lower guidance and started the airline sector to go into a downtrend, nothing to do with Air Canada. It amazes me that people investing have no clue. Do some investigative research and due diligence people. Q2 will tell the real story. The last three months have had record load factors on increased capacity. Air Canada continues to roll out new flights and destinations. High can dollar and jet fuel stabilizing. $15 a share.