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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 BlueGuitar1on Jul 11, 2020 9:49pm
171 Views
Post# 31256612

RE:RE:Surprised this stock is even at $16

RE:RE:Surprised this stock is even at $16
NathanMyers wrote: I'm not saying that you are wrong, because I honestly don't have a clue which way this is going to go.

However, I'm confused how you got to your opinion, because you have two opposing thoughts in your argument.

"People are packed onto planes..." and "I don't think too many people will be going by plane this year."

If you think people are packed onto planes, then how could you also think not too many people will be going by plane?


Thank you @NathanMyers- People are packed onto planes but that does not equate to high demand as there are a lot fewer flights now. My friend who HAD to travel to Halifax sat on a packed plane  He was expecting an empty middle seat.  There was no physical distancing and of course everyone shares the air.  He has to self-quarantine for 14 days in Halifax before his firm will allow him to work again.  He said that he will be driving back next time.  I also think that most will skip the travel vacation this year and probably next year too.  
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