Direction single digid
20000 employees will loose their job in air canada until june 7th. Unsubstinable model. Too much lost of cash a day, pursuit for travellers to recover their money for plane that will never fligjt because the government dont allow people to cross frontier. Fear of people to take plane for a while, airlines wont recover since 3 yeara as prime minister says and AC directions. Airlines are crashing big times. Warren Buffet sold all is airlines stocks more than a month ago. A stock cannot go high if it dont do any sales And the number of flights are incredibly low . Air Canada stock is going simple digit as every recession. Even perhap bankrupt only god know. It did bankrupt around 2000 , the stock was around 0,78 near 2009. Your a fool or too young if you invest and think the stock is going above 20. All the next financial statements until january will be negative. I say 2 months ago AC is going down. To 7, 4, 0 nobody know it depend te duratio of the pandemic. One thing is sure a lot of people will lost big time on AC stock with -70%-100% in few months.