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Bullboard - Stock Discussion Forum 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... see more

TSX:AC - Post Discussion

Air Canada > Is it the time ?
View:
Post by lb1temporary on Oct 01, 2020 2:06pm

Is it the time ?

We now all understand that the AC success is linked to a vaccine. 
The next steps are
  • a vaccine efficiency confirmation in two or three months.
  • a mass distribution of the vaccine in the first and second quarter of 2021. 
All will be positive for the Stock price.

The 2021 summer could be very busy.

Are we at the bottom right now ?
The stock market being an anticipation game, Is it the time to invest in AC?

Maybe.
Comment by mlarson on Oct 01, 2020 2:10pm
I think the vaccine would restore "normal". But in the short term a rapid test solution (in the works as of today) and reduced quarantine period would ring back traffic. Personally, I'm not worried to travel outside of Canada. The 14 day quarantine is stopping me. The minute it's reduced or taken away I'll be on a plane to a nice sunny beach somewhere. Likely this December.
Comment by Pachuko on Oct 01, 2020 2:38pm
While some news like vaccines and rapid testing are good news there is still the next few quarters of real bad numbers, still border restrictions, major layoffs just announced by some airlines, spiking cases in some countries and a U.S. election taking place. It may be the bottom but it also may bottom out much lower for many existing potential negative impacts.If you wint in for five to ten years ...more  
Comment by OnTheBalance on Oct 01, 2020 5:37pm
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