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 > Buy the lows ?

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Comment by Tempo1on Oct 13, 2023 3:14pm

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Post# 35682816

RE:RE:Buy the lows ?

'' It will be a challenge to choose to get back in to a business where the stock price does not correlate to the value of the business.''

Agree. The SP does not correlate with the AC current performance.

Stock market is an anticipation game. Even if we were in a year with strong financial performance for AC, the market is looking at 2024, not 2023. Unfortunately, with the No-fly over Russia AC is stalled at 4 flights a week to China VS 32 in 2019, India's government recommandation to avoid Canada for its Nationals and now a stop with Israel flights, it will be difficult to feel an excitment.

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Cannara reports record growth and profitability in Q4 2023