Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

Air Canada > Much more downside left

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Comment by tracker11on Jun 11, 2022 11:42am

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Post# 34749255

RE:Much more downside left

Returns2021 wrote: Selling volume picking up. There will be little to no profitability in the next 3 years. You will see AC fall below $5.

I can't see much more downside left as it's been hovering around the $20 mark for over 2 years now. But, at around $50 pre pandemic and $18.85 on April 27, 2020 and with a close of $20.25 on Friday, this sorry a$$ P.O.S. company has only gained $1.45 in over 2 years with open skies and people resuming flying.

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