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 > AC is a disaster

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Comment by Returns2021on Feb 02, 2022 4:33pm

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Post# 34390763

RE:RE:AC is a disaster

Sadly you are clueless on how finances work. COVID could end tomorrow and travel could go back to prepandemic levels, AC is still going to go lower. Why? Because their profitability is severely impacted due massive rise in fuel and labor costs. When profits are negatively impacted, a lower multiple will be applied to the stock price. Don't become a bagholder.