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.

TSX:AC - Post by User

Air Canada

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Comment by VerusSemperSorson Jan 07, 2016 3:33pm

158 Views

Post# 24437822

RE:Am I missing something?

I have a couple ideas: 1. AC just surpassed 20% to the downside for the last year today. WJA was down close to 40% and still is in that ballpark. Perhaps AC was due to catch up a little now that the story is the world economy (China) rather than just the Canadian or western Canadian economy (oil). 2. Perhaps TD putting AC on their "Action Buy" list Nov 6 with a target of $23 (SP did get a boost just then) enticed some buyers that lack the conviction to hold it now that that recommendation looks questionable. -GLTA

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