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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 > CBC: Hundreds of thousands of Canadians are travelling abroa
View:
Post by Rambo27 on Jan 23, 2022 8:30am

CBC: Hundreds of thousands of Canadians are travelling abroa

https://www.google.com/amp/s/www.cbc.ca/amp/1.6322609
Comment by GreenArrowUp on Jan 23, 2022 9:31am
Flight cancellations Another hurdle travellers may face is unexpected flight cancellations.  Since December, thousands of flights in Canada and the U.S. have been cancelled for pandemic-related reasons including crew members out sick due to the virus.  This month, Air Canada Vacations announced it will suspend some flights to sun destinations between ...more  
Comment by Rambo27 on Jan 23, 2022 10:06am
All current obstacles are temporary but people's desire to travel is not! All these people are traveling DESPITE the obstacles. Imagine what will happen in the spring when they are resolved.
Comment by Returns2021 on Jan 23, 2022 11:16am
You are assuming they will be resolved in the spring.  The next variant is lurking around the corner.. by the way, try to post links that actually work  
Comment by NathanMyers on Jan 23, 2022 12:30pm
  That link worked fine for me. By the way Returns2021, are you going to respond to me on the UAL thread below?
Comment by Rambo27 on Jan 23, 2022 12:36pm
Yes, I am making that assumption. Governments around the world have accepted that we will live with covid and all its variants and have announced it publicly and adjusted thier policies. Google recent announcements by UK, Isreal, Spain, BC, etc. Too many articles to post. The pent up demand to travel is huge. Apologies about the link. Here it is again. I tested it. https://www.google.com/amp/s/www ...more  
Comment by Returns2021 on Jan 23, 2022 2:45pm
Here is the reality; prepandemic travel will take years to come back. With limited travel and huge increase in costs for airliners, profits will be impacted big time.  As such, you are not going to same multiples applied to the stock.  AC will hit $5 and you will not see $30 in your life time.  
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