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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 > Bloomberg/BNN

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Post by Contrarian333 on Jul 04, 2024 7:53am

Bloomberg/BNN

Source: Vytautas Kielaitis / Shutterstock.

Short sellers are eyeing Air Canada. As costs pile up at Canada’s biggest airline, short bets against the company have more than doubled compared to last year. Even with a challenging travel season on the horizon, analysts note that demand for travel to Canada, which is slow at the moment, is still expected to return to pre-pandemic levels. (BNN Bloomberg)

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