AC will reward those with patience...Air Canada stock is trading a massive discount compared to its pre-COVID levels, making it an attractive investment, but strictly for long-term investors. While it could continue to struggle in the short term, strong liquidity, strength in the domestic business, momentum in cargo revenues, and cost savings bode well for future growth. Moreover, the easing of travel restrictions and reopening of international borders will significantly boost its financials and accelerate its recovery.