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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

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Post by Returns2021on Feb 12, 2023 4:17pm
510 Views
Post# 35282227

Could fall below before earnings

Could fall below before earnings

Every bit of good news is baked into the price, any miss and watch for a plunge in share price.  We could see below $20 before earnings.  

The equity markets are not going higher.  Inflation and interest rates are going to stay high for years before a proper calibration takes place.  Unfortunately, that will result in a major stock market correction.  AC is headed to $5.  Patient investors will buy quality names at much lower prices.  Don't become a bagholder like the butthurt characters on this site.

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