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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 RickHunteron May 18, 2020 1:07pm
234 Views
Post# 31042537

RE:RE:RE:RE:RE:RE:RE:So much for a bailout

RE:RE:RE:RE:RE:RE:RE:So much for a bailout
lawrenceknight i dont know where you saw complain in my post.. I said Air Canada have a good model and cheap price compare to competition. But with no planes in the sky the model of Air Canada is not viable. Its losing too much money. Even with 75% subvention of employees by the government they lay off more than 20000 employees. Air Canada is a good model when the economy is in good shape and growing. Its not the case for fews months when people will get secure and have the money to travel again. Canadian government dont allow canadian citizen to go in vacation by plane. So no money for Air Canada for a while with this directive and the fear of passengers. But in few months if AC dont crash to bankrupt and hold it will be a good idea to invest in AC.
Bullboard Posts