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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 AvInvestoron Oct 12, 2016 12:37pm
211 Views
Post# 25335523

RE:Bulls

RE:BullsThe street has had a very negative view towards AC in the past. Many investors lost money & still can't stomach the losses stemming from the horror days of 2000s. Time heals all wounds & the street will slowly but surely gravitate back to AC when they realize that it's a new, stronger financial powerhouse. Look at what Delta did! They have more cash then they can spend. 
 
Investors, please take into account that there's still some volatility to come. The company is spending billions on capex in the next few years. I would wait until 2018 when or if they're in a position to issue a dividend. (once they reach their targeted leverage ratios)
Bullboard Posts