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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 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.


TSX:AC - Post by User

Bullboard Posts
Comment by Collegeguyon Jul 07, 2015 11:17pm
72 Views
Post# 23901494

RE:RE:Falling Canadian dollar.....

RE:RE:Falling Canadian dollar.....New here. I would tend to agree that the lower oil and added demand from the U.S. will offset any losses (Not to mention the opt out.).  With the increase in productive assets coupled with strong load factors,  I really do not see a reason for this to trade this low. I think we are dealing with large institutions playing for a profit.  Seems to me after investors got burned back in the last financial collapse that they are less willing to hold on during the market uncertainty,even ignoring favorable market conditions. But AC will prove itself, and it is a strong buy for me at this price and anywhere under 14.50 long term. But until then I will just keep averaging down.
Bullboard Posts