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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 > Aid for aviation
View:
Post by JamesReady on Oct 02, 2020 2:31pm

Aid for aviation

do you guys think based on the aviation sector headlines this week that the Gov might announce financial aid for the aviation sector next week. I feel like they must be working on something for them based on the throne speech. Also what news sources would you recommend to monitor. Thank you.
Comment by doomaaaa on Oct 02, 2020 2:43pm
Only support I'm seeing are for American airlines. Their entire sector is up.
Comment by Takafuji on Oct 05, 2020 12:23pm
They're working on something for Canadian regional routes as per throne speech so no communities are isolated, no guarantee it is going to be for Air Canada though but it seems a likely possibility since Air Canada did shut a bunch of regional routes down.
Comment by mlarson on Oct 05, 2020 1:18pm
That's a good step, but what we really need is a reduced quarantine period and we need that before the Christmas holiday season. 
Comment by mlarson on Oct 02, 2020 3:05pm
I believe the best way the government could aid the airlines would be to allow for a reduced quarantine period. This way airlines start earning more and the government doesn't need to produce a massive loan. The sector would still need help, but perhaps not 7 billion help.  it's all about reduced quarantine. I will keep saying it until something happens. We need this by the holiday ...more  
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