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

Post by GasPro2017on Jun 05, 2020 4:12pm

255 Views

Post# 31118263

Nice to see a close at $20.29

Would have been nice to see a close above $22, but hey, can't win them all.

Next week should be big if the momentum continues.

Breaking through $22.75 will be pretty pivitol I think, and if it does, we head towards $30 quickly.

AAL as a comparison is about 61% of where it was pre-pandemic. AC is lagging that recovery, and if it catches up, which it likely will, would correspond to a shareprice of $32.

So, if AC was performing as well as AAL was this week, we'd be at $32 right now.

I do this comparison because AC is in better shape than AAL in my opinion. So patience will pay off.

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