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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 supernovaon Jun 08, 2020 3:27pm
154 Views
Post# 31125595

RE:Just getting started. $32 target price.

RE:Just getting started. $32 target price. that's just it.  AC is too big.  and the SP is too high.  they bought nose diving boeings at the wrong time.  now they need more airbuses.  they've had a long history of loosing to ONEX former Westjet on lower fairs.  now they are facing fierce competitors like CEA that charges 1/2 the price.  Now you add SARS-COV-2  with no vaccines because they mutate.  add social unrest in the USA.  add to China retaliating and not buying things like our soybeans and livestocks.  the who sector was up.  now the whole sector is showing a downward momentum.  charts don't lie.  buying a stock that was worth under 80cents just a few years ago is a no no.  you really don't know how to get discounts.
Bullboard Posts