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 premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

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Air Canada

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Comment by Soundsoftranceon Nov 27, 2014 4:11pm

302 Views

Post# 23171493

RE:I expect a pull back

Bandit231 wrote: The boys south of the border will make their play tomorrow. Anyway, rarely see 10% gain without some correction the next day. Be smart. GLTA

Oil will drop again tomorrow and more people will pick up all the airlines. I don't expect a pullback tomorrow however next week *might* be a different story. As oil continues towards $60/barrel, which is what analysts are expecting, airlines will be flying high. On BNN, they were saying every dollar drop in the price of oil shaves off 8 million for West Jet. They didn't mention how it impacts Air Canada.

Anyway, oil is definitely not at the bottom yet and airlines are not at the "artificial" top yet.

good luck!

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