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 > Q1 results = share price PLUNGE

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Comment by Returns2021on Apr 16, 2023 12:43pm

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Post# 35397357

RE:RE:Q1 results = share price PLUNGE

If you hold shares, prepare to lose most of your money. AC will fall well below $5. Investing is all about timing. Anyone buying shares of AC is going to suffer greatly. We are entering a period of SLOWING growth orchestrated by the FEDS to tame inflation. AIRLINERS have never ever done well in times of slowing growth. Now add in the massive debt, there will be a reckoning. Remember, ANALysts that predicted share price recovery post Covid DID not foresee the inflation issue at all. Poor traderforex and his merry band of bagholders all bought shares at $40+......they are never going to recover

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