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 > Unprofitable

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Post by Returns2021on Apr 11, 2023 12:48pm

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Post# 35388716

Unprofitable

This is not the market environment to invest your money into unprofitable and highly indebted company like AC. It is financial suicide to do so. Fuel costs are going through the roof along with other costs. Ticket pricing is declining due to large competition and slow travel demand. Q1 AC share price gets slaughtered and falls below $15 for good. You got a SELL gift today.

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