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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 jjwilsonon Apr 02, 2020 12:30pm
173 Views
Post# 30872444

RE:RE:RE:RE:RE:Is the sharee price overblown still

RE:RE:RE:RE:RE:Is the sharee price overblown still"So AC, whose stock is now getting crushed because they may run out of cash in a few months, would be the primary recipients of that massive bailout, well, after they wasted, blew, and incinerated willfully and recklessly together 100s of millions in cash on share buybacks for the sole purpose of enriching the very shareholders that will now be bailed out by the taxpayers?"

Yes, exactly.  If you want to get in on this - it's simple - become a shareholder.    BTW, AC won't run out of money until next year this time (long after every other NA airline is nothing more than a memory).  As a shareholder I encourage management to take advantage of every bit of federal assistance (because their competitors surely are - Porter already got $135 million in loan guarantees.)
Bullboard Posts