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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
Bullboard Posts
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Comment by ERTguyon Nov 28, 2016 10:46am
161 Views
Post# 25521465

RE:RE:RE:RE:RE:RE:Reduced My Holdings

RE:RE:RE:RE:RE:RE:Reduced My HoldingsGiven the history of what this stock does after a big run I think locking in some profits is a wise decision.  Also with OPEC on the horizon this week I am curious what will happen to the stock price if they actually decide to cut production.  Think back to the 2014 meeting when AC ran 10% when OPEC announced they were actually going to pump more oil. It will be interesting to see if any action is taken this wednesday, whether it will have the opposite effect.   I'm taking on a bit of risk this week in favour of an OPEC cut so I guess we'll see how this all plays out.  Cheers
Bullboard Posts
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