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 > Just more cash to pay debts

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Comment by thinkyourmoneyon Jan 09, 2024 12:24pm

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Post# 35817562

RE:Just more cash to pay debts

Even more positive is the report that AC is in no rush to pay down their debts as the billions of cash is making more money invested than the loans waiting to be paid are costing them. Especially when you know there are penalties for paying debt off early.
It's like why would I pay down my mortgage with cash now, when GICs pay 2.2 times the rate on my mortgage.
You hyper guys need to be more vigilant in your reading and thinking habits.
Too much bandwagon psychology...not enough true analysis.

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