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 > Playbook 101

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Comment by Shirtlessnomoreon Feb 10, 2021 11:58am

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RE:RE:Playbook 101

Step 6 can simply be replaced as it doesnt belong but changed to Turdo and Ford forced to resign and move to china as Canada is not a communist country.

OnTheBalance wrote: Whoa Whoa rexrex, you're going a little too fast for me ;). Air Canada is possibly the best managed Airlines in North America. And definitely, among the best managed companies in Canada (companies of any kind). Conservative management that protected cash in the good times, and built flexibility in the overall operating and financial plan to deal with many types of economic stresses, though no one was anticipating a black swan. Even with all the bad news and hurdles, and even while being forced to put the business into an induced coma (a lot of it because of Trudeau's crimes and disastrous mismanagement), AC has continued to take the hundreds of actions to preserve a future. An exit plan. And cash to fuel that with. Current estimate is that the $9Billion+ cash that was in the treasury at end of Q3, even in worst case scenario by end of Q1/2022 will never dip below $4Billion, well above AC's own 'security plan' to maintain cash at $2.4Billion.

This Friday, I look forward to listening deeply to Rovinescu, Rousseau and the AC team. Ignore the media hype messages early morning. :). A new era begins with Rousseau as CEO. AC, THE FINANCE BUSINESS, WITH LOYALTY EBITDA, and Cargo LIFT strapped on, plus US expansion of Aeroplan coming. It ain't the AC of 2015, and the future business is not the business of 2019, neither.

Steps 1 through 5 are all good..
Step 6, is very doubtful :), and not really necessary. Total shares shorted in AC is not a big deal at all, about 2 easy days of trading. And they are mostly hedges by larger shareholders and note holders, people who actually believe in AC's future. Most of the current posts by bears are just punters who wish they had bought shares cheaper. Mostly they can't afford to buy many shares anyway. And they don't have the clut to short.
Step 7, I see that sp around end of 2022, or Q1 2023.
Step 8, I've been invested since 2012, so my cash out timeline is still a decade away, unless AC gets privatized, in which case there will be no choice. But for this my sp target is in the triple digits.

rexrex wrote: Step 1:
Airlines layoff staff and is on the brink of collapse.

Step2:
News Coverage highlighting the plight of Canadians in this sector, specifically those that have lost their jobs.

Step3:
Government announces close to $15 Billion in infrastructure aid.

Step4:
Air Canada Announces full year and quarterly loss and states their situation is dire.

Step5:
Government approves a sector relief for Airports, Airlines and some other industry, say a gigantic Small Business interest free loan program.

Step6:
Reddit crowd moves into Airline sector prompting a giant mega SHORT SQUEEZE.

Step6:
Simulataneoulsy, somewhere good news trickles in that Covid19 is declining at a faster rate and virus is under control via vaccinations.

Step7:
Air Canada hits all time high $65 and beyond due to short squeeze and wall street bets.

Step8:
Cash in.