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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

Comment by Arbutus22on Jan 31, 2021 11:40am
156 Views
Post# 32431386

RE:Comments from Calin Rovinescu

RE:Comments from Calin RovinescuFederal government did not make this move without first consulting with Westjet and AC. As OnTheBalance says, has a deal been struck between Feds and airlines? Of course. Besides, we've seen this movie before: in March/April when AC and everything else was decimated. Then sp bounces to +27 on vaccine news. Well, guess what will happen once we're out of the woods, infection rates drop, much of the world is vaccinated? Peer out 6 months from today: if you see continued lockdowns, rampant virus, ineffective vaccines, flight restrictions, then why are you invested in AC? If you see progress on all fronts, and accompanying investor enthusiasm as we saw when AC quickly jumped from 16 to 27, then current sp is low hanging fruit for the taking. Don't buy the media negative hype or short sighted investors who wrongly believe that today's sp activity is reflective of the future. Patience and forward thinking rewards investors. GLTA.
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