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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 Jan 10, 2017 12:51pm
168 Views
Post# 25689174

RE:RE:RE:RE:RE:RE:RE:What Gives with Air Canada?

RE:RE:RE:RE:RE:RE:RE:What Gives with Air Canada?As I've said before there is nothing wrong with the stock or company, however history shows we are due for a correction here, which will ultimately create a buying opportunity into the 2nd half of the year.  The balance sheet is the main catalyst now with AC, which will improve gradually over the course of the next few years.  Keep in mind we've had some harsh weather in december which forced many flight cancellations and there is that risk over the next couple of months.  Based on longer term technicals and company fundamentals I think the 20s trading range is realistic over the course of the next 1-3 years.  Cheers
Bullboard Posts