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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 Pachukoon Sep 09, 2021 4:32pm
76 Views
Post# 33835044

RE:AC, US and Canada

RE:AC, US and CanadaOTB there will be a recovery and I have no doubt that AC will manage it as best they can however.... the pandemic has gone on much longer than expected and losses as such have been more significant than expected. The recovery in share value and to what level is now the big question. How long does it take AC to have an actual value of what the share price is at now? I would suggest that it may not be worth what it sits at now although I do not have a great long spreadsheet of data to either support or question its current price. Even if it is worth the current going rate what is the upside and how long to get there. Certainly we all thought this would end much sooner and revenues would be much higher than they are and the bleeding would have stopped. With that info there was a thought that AC would be in the 30's at this time. Well the exact opposite has happened so what would the resulting share price impact be? I would suggest the exact opposite and a much longer time of recovery and proven increase in revenues to reach anywhere near 30. I really don't see an upside in share price this year or into mid next year and with that is only if there is serious revenue upside to start to pay down the continuing losses.

I don't think your latte solves the problem here!
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