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 pays off net 109,000,000,000 in LT debt

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Comment by thinkyourmoneyon Mar 21, 2024 7:00pm

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Post# 35946047

RE:AC pays off net 109,000,000,000 in LT debt

Sorry, 1,090,000,000 billion USD.
It still means 100,0000,000 CAD less in annual interest.

Which is $.25 per share in diluted earnings using 385MM shares. P/E is 3.8 so represents $1 per share in share price.
Other airlines with similar fundamentals have a P/E of 7 to 9 and have fleet problems.
AC at a PE of 9 should be up $2.25 just on this news alone.
Let's see how quickly the short people try to bury news like this.

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