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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 Returns2021on May 31, 2023 12:43pm
44 Views
Post# 35472816

RE:Investing is about the future

RE:Investing is about the future

Booooom bagholders getting the SHAFT as expected.  This is nothing.  You will see plunge not seen in over 10 years. Below $5 is a CERTAINTY.  Just wait for the global crash.  It is unavoidable 


Returns2021 wrote: Notice the bagholders painting all these rosy pictures of how great things are.....yet the share price of all airliners is well below levels even DURING the pandemic.  Share prices are actually now closer to the pandemic shutdowns.  Why?? Because the outlook is disastrous given the upcoming severe GLOBAL recession brewing.  It will come and it is unavoidable.  It will decimate airliners like Air Canada.  You will regret dearly if you buy or hold.   Below $5 is the destination.

 

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