Good weekend.
We have said several positive things but the one that will really propel Air Canada is the positive result in November of Moderna and Johnson and other pharmaceutical companies in phase 3 of the vaccine.
I have read that some pharmaceutical companies are 100% certain by the 3 weeks of October that their vaccine will work because there are +/- 3 weeks of trials around the November 15 end date of their phase test. 3 and on the tens of thousands of participants the vaccine works.
From December, January several million doses will be available for the United States and Canada so the most vulnerable will be vaccinated thereafter the others will follow over several months.
The share price of Air Canada and other transportation companies will all take a MEGA jump higher in November. And I sincerely believe that I see AC between $ 25 and $ 30 because all investors will understand that plane transport will resume more and more every month.
Just tell yourself that if Air Canada still wants to buy Air Transat, it is because the analyzes have been done that transport will resume soon.
Imagine the price of Air Canada stock in March, April ... etc minimum $ 35.
Good weekend.