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 > AC Stock Price

<< Previous

Bullboard Posts

Next >>

Comment by Returns2021on Jun 07, 2023 12:47am

47 Views

Post# 35483725

RE:RE:RE:AC Stock Price

Cut the crack, it is making you delusional

lb1temporary wrote: Historic returns: From X to today: (ex: 5 years from june 7, 2018 to june 6, 2023)

Return TSX AC

10 years 57% 967%

5 years 24% -4,70%

3 years 25,70% 7,80%

1 year -4,30% 2,60%

Year to date 2,50% 14,40%

3 M -2,80% 7,80%

The best return was from may 2013 to Nov 2019 with a stunning 2,341% return for Air Canada. Many makes a lot of money in this period. For me AC was a game changer, it bring a radical transformation of my financial situation. I will never forget this stock.
The problem was the 2020/ 2022 period where AC underperformed the TSX (or diversified portfolios).

Since Jan 01 2023, the winner is AC and in the forseeable future, AC is well positioned to give decents returns. The 3,5B$ to 4B$ EBITDA forecasts are strongly backed by the bookings . This flow of cash will confirm the back to normal situation, the resumption of the trajectory towards the Investment grade rating etc.

At least, for this summer, investing in AC is easy money. The current price of 22$ is a joke and the potential to 28$ in a few months is clear.