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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 ERTguyon Dec 22, 2016 5:31pm
204 Views
Post# 25637585

RE:Same As It Ever Was.

RE:Same As It Ever Was.AC has also had an incredible run along with the rest of the airline sector.  It is my belief that the sector will see a few months of consolidation or even a bit of a correction before moving upward.  We were trading in the $8 range not too long ago so anyone who was buying up a storm has done very well.  Naturally some profit taking is going to happen in the sector.  Overall I'm bullish on airlines as it's full steam ahead for the economy.  Wiggly's arguments a few months ago are now a distant memory.  I almost miss his nonsense yapping along side dumpian.  It Seems the market is focused on sustainability which it should as oppose to ticket price fluctuations which have always been a reality in the sector.  Keep in mind Q1 is approaching and I believe there is some downside risk in the short term which airlines at decade highs and the markets at all time highs.  Stocks can only go up for so long.  Cheers
Bullboard Posts