RE:Debt...Revenue and profits are two different things
You can bring in a Billion $ but if you have no profit you will go broke.
Operational costs for AC have multiplied many times over there is very little profit left.
Now add a recession people will not be flying if they cant buy food/gas and pay rent.
Today the fed is going to raise the intrest rate again. For an average family wiht a home and a mortgage everytime they raise that it takes $100 a payment or more out of thier pockets.....
Flying is a luxury
Wynjoe wrote: 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!!!!