RE:Day by Day, Travel Boom Gets CloserI totally agree, the words ''travel boom'' depict exactly what could happens in few weeks or a few months.
I put above an extract of the TD last update, explaining why the SP stands well over 22$ (over 80% of the 27$ six months high) despite bad news. Don't wait for the 20$, it could not happen.
....This valuation combined with Air Canada's modest share price response to extremely negative indications for short-term air travel demand suggests that the market is not concerned about short-term forecast revisions, and is either focused on 2023, or believes that consensus forecasts for 2022 are far too low (our view).