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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

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Post by Returns2021on Jan 06, 2022 12:47am
186 Views
Post# 34287996

For the bagholders

For the bagholdersAC doesn't just have the pandemic to worry about which has already decimated its business.  It had to worry about a general market correction as well and now we have that trigger.  The FEDS will end QE which is going to deflate the market and everything will sell off with it.  AC will reach $15 soon and likely to exit 2022 below &10.  Within 2-3 years it will be below $5.....again, if you love losing money, then AC is the right stock for you 
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