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.

TSX:AC - Post by User

Air Canada > Great Stock LONG TERM

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Comment by CanadianKiaon Dec 20, 2021 10:11am

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Post# 34246576

RE:RE:RE:RE:RE:Great Stock LONG TERM

There is pent up demand for travel and all tourist spots around the world have been dry for 2 years.

once everything is good and the world can travel like before, i think we are going to see sky high rates and tons of travelling. AC would benefit tremendously from that and that's why i think 50 price that it hit pre covid is actually too low. i think it will go MUCH higher, maybe 60-70 as everyone starts travelling full time again.

IMHO

Dividends wrote: Gonna play it by ear when to sell but I think just under $30 is good

have a hard time believing this one will go back to pre covid levels

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