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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

Post by Contrarian333on Apr 19, 2021 2:34pm
190 Views
Post# 33023055

for traders

for tradersI don't have the same strong feelings about AC as I did when I shorted it at $50 a year ago January, nor when I bought it at $15 last year.  However after a long time away I have traded the stock twice from the long side this month and from the short side just this morning.  All covered now but for the moment it seems that the direction of least resistance is down.  I'm just a little nervous about the forward guidance that will come from the US carriers as they report this week and want to be careful with any short exposure.  Any other trading perspectives are welcome.
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