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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

Comment by Bookworm28on Sep 20, 2022 4:51pm
53 Views
Post# 34974816

RE:RE:RE:You will regret dearly

RE:RE:RE:You will regret dearly
Returns2021 wrote:

JP Morgan is busy unloading their shares onto bagholders like you.  Same as CEO of AC.  Most other banks have downgraded AC.  The future is bleak - $5 is coming.

 

JackWabbit wrote: Hey Returns, you better notify JP Morgan and inform them how wrong they are. They might be so impressed with you that it may land you a new job...lmao...JW




$5? Not likely. The pent up demand is palatable. Have you flown lately? Planes are packed. Fuel costs are coming down, and the airline is running extra lean. There's a lot of people who will do just fine in the recession, and they'll be flying. $5 just ain't going to happen. Look at today's trading. Most everything is in the red, and AC closed up, modestly I admit. More buyers than sellers on a down day = a good sign.


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