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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

Post by JuIieRichardson Mar 23, 2024 3:06pm
231 Views
Post# 35948939

AC .. What’s Coming.. Next ✅

AC .. What’s Coming.. Next ✅

A Severe Thrashing for Panicked Shorts who overstayed their welcome. And their trolling isn't doing them much good. AC's next ascendant phase has begun after a 4 year setback. 

If the bears had anything meaningful to discuss they should be able to put together an actual summary in the form that Rouge10 does to explain the company's finance and its guidances. Using actual data from earnings reports and MD&A's. But they can't because most of them are illiterate and rely on the usual scenarios of global doom and gloom and societal collapse etc. AC reconstruction did not happen overnight. There were hundreds of things that were done from 2010 on to build a new type of lifestyle, travel, finance business with a supercharged loyalty program at its core. Reduced seasonal impact and flexibility to power its way through recessions etc. it was successful in making it work out, so much so that it actually survived covid hit made 5 times worse by an incompetent Liberal government. But it was a 4 year set back. The good news is that the structural changes continued and the business is now flourishing. Pilot deal etc will all be a win win for all stakeholders. And stock price will rise. And over next years, the old 2019 highs will be set aside. Retail shareholders can come and go, but institutional interest will return. There is no doubt about it. The trolls and shorts are just noise. They can post 100 times a day, won't help them. 

GLTA

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