Bullboard - Stock Discussion Forum 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... see more

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TSX:AC - Post Discussion

Air Canada > SHORTS are in a MESS. And about to be BLOWN OFF

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Post by JuIieRichards on Mar 29, 2024 11:44am

SHORTS are in a MESS. And about to be BLOWN OFF

11 million shares shorted, and they expected to make hay during the communication lull while pilot negotiations were underway. Too bad that Jon Di Bert surprised them with re-stated guidance plus even more massive debt reduction news during JPM Institutional Conference, and then executed it in days after. Record Q1 coming, followed by record setting 2024. Moody's got it right. Canada Airlines Air Canada and Westjet will post higher profits in 2024 than in 2019. Bye Bye Shorts. Happy Good Friday to all.

Remember $4.3 Billion cash flow or more in 2024, and growing in years after. Lots of flexibility in Capex spend, taking care of employees, customers, and in taking care of shareholders. Win-Win. Shorties can go home wihout their undies. Trolls back in their padded cells in diapers.

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