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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 Tempo1on Aug 25, 2023 6:21am
78 Views
Post# 35604901

RE:Capital Gains Only

RE:Capital Gains Only''...never thought of you as a long term shareholder as no one recalls your ownership in early days when AC was just above $1.''

Copy of parts of my Jan 01, 2020 post (as Temporary) :

..
.Like many of us, AC was a game changer for me. I invest in it since 2010. Without a lot of cash, I adopt a strategy with shares and options and the results are great. 
For 2019 our TFSA (my wife and I) climbed by xxx k$ (We are only owing shares in the TFSA, RRSP are in corporate bonds and I don't use my cash account since 2017). This return is almost exclusively due at Air Canada.  ...

...A high Risk/reward situation  like AC for the past decade occurs only few time. I know 3 example in the past 10 years; the Canadian banks in the financial crisis, Air Canada and maybe Bombardier actually with a share under 2$.  
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