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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
Post by ERTguyon Jun 06, 2016 11:57am
399 Views
Post# 24937979

One catalyst away from ripping higher

One catalyst away from ripping higherPatience fellow longs.  No one is selling at these prices and the worst is in our rear view mirrors.  We will be back to $12 where we should be before we know it and beyond.   Even the sheepish Ben Cherniavsky had to upgrade his target price while maintaining a strong sell on the stock.  The Canadian economy is going to be a large outperformer in the next 5 years with the infrastructure spending plan from the government and as a result the tourism and real estate industry will gain some serious momentum.  Now that oil has recovered the wave of layoffs should have bottomed out. All these factors can only lead to more flying and as new routes mature, stronger pricing power.  
Bullboard Posts