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.

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Air Canada > On Last Week’s Share Offering

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Comment by 5rockieson Dec 21, 2020 1:42am

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Post# 32150714

RE:On Last Week’s Share Offering

airlineinvestor wrote:
If we take the conservative $9 billion and assume a $100 average share price over the two-year period, then up to 90 million shares could be re-purchased, leaving approximately 240 to 250 million shares outstanding by end-2025. Given net debt of $3 billion and a 6 times EBITDA multiple, the estimated share price would be in the $115 range.

Thanks @airlineinvestor for the in-depth analysis. Estimated share price $115 is 5 times the current share price. People should think twice, not sell but buy at these levels.

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