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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 givemeabreak1on Jan 19, 2022 3:57pm
152 Views
Post# 34334536

5G Rollout!

5G Rollout!You guys sort of missed it!  The 5G rollout is causing thousands of flight cancellations.  The little box that tells the airplane how close to the ground they are and 5G do not work properly together.  So if it is foggy and you are coming in for a landing you might hit something unexpectently lol. 

Airlines have more and more problems everyday.  AC is at least 2-3 years away from earning back the losses occured since Covid so they would have to be firing on all cylinders for 2 years just to get back to the $40 average share price of 2019!  Any hickups along the way such as loss of market share to low cost carriers.  Or business travel not returning it will be worth sub $10.  I still think it is a buy at $20 though I sold my $20 shares and took profits as I see it continuing to head south for awhile yet! 


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