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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 Wynjoeon Jun 15, 2022 7:35am
240 Views
Post# 34757328

Debt...

Debt...What a company owes is not always indicative of s/p futures,(that's what I am interested in)it is more about what thier "future capable" earnings are. Airlines were put in a very tough spot during 2020 /2021 and this was 100% attributable to the pandemic. The pandemic has all but ended and airports are filling up fast with travellers,(fact),and airlines has some catching up to do,but that's when you buy the stock cheap,its not "after"they become profitable ,its now,lol.How low s/p drops is anyone's guess(not to $5.00 though,lol),but an investor never know when a stock will SPIKE!!!The only thing we know for certain is that what Air Canada sells is "TODAY"being bought in ever increasing $ amounts. EXAMPLE...Though the markets may see a drop,if oil prices stay high, then oil stocks won't get hit that hard and in the same breathe if travellers continue traveling, airlines will not succumb either,lol.BUY AIR CANADA TODAY IT IS A VERY STRONG BUY AND HOLD!!! Remember with a possibility of returning to 50 million customers, just one dollar increase in search prices adds 50 million dollars in revenue, the potential is definitely there!!!!
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