RE:RE:RE:RE:Investors will quickly come back to Air Canada. Mlarson,
I have an executive friend at Air Canada who gives me information.
Absolutely there are going to be a lot more covid-19 rapid testing at all airports in Canada and USA, Europe ... etc. awaiting the mass distribution of the vaccine which will begin in December. There are going to be gradually a lot more flights and more customers in larger numbers because of the rapid test no need to quarantine.
You will see more and more pharmaceutical companies who will obtain vaccination authorizations from December, there are a total of 10 companies in phase 3. There will be a minimum of 4-5 companies that their vaccine will work. To date there are two companies which are 100% certain but the companies must wait for the final date around November 15th before telling the news to the general public.
You have to look at the long term situation from 0 months to 12 months. Several pharmaceutical companies claim that they will produce several million vaccines from December so the entire planet will be vaccinated within 2 years.
The reaction of Air Canada's share price should logically make a mega jump with the results of the pharmaceutical companies around November 15th. I hope to see a minimum of $ 25 shares. And then the price will gradually increase with the months and delivered in September - October 2021 should be +/- $ 35 or more in any case I hope so.
Air Canada at the current price of $ 17 is a really good deal for a 12 month investment.