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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 Tempo1on May 11, 2024 9:53am
174 Views
Post# 36035119

AC slip in second place

AC slip in second placeOn this AC board, I wrote this jan 24, 2021, highligthing the similarities BBD and the AC 2012 situation :

Since three weeks I put these dollars (speculative dollars) in Bombardier, another highly speculative stock. It share many similarities with the Air Canada 2012 situation. A depressed share, a good management (new), an almost bankruptcy share price, a strong niche. ..........So, the sentiment on the share is changing from ‘’almost bankrupt’’ to ‘’ in recovery’’. Like AC in 2012.

So good risk\reward equation are not usual and I invest all my ‘’speculative dollar’’ in Bombardier for a huge return.''......

Bombardier is now my more profitable investment to date, exceeding the AC profits I made from 2012 to 2019. AC is still my best performer in % and given my wealth at the time it was a real game changer.  But in $, it is now BBD. 

Back to AC, At 18$ Air Canada is really cheap, all headwinds being compute in the SP, it is only a matter of time to harvest some return.  The surges killing (like the one we had at Q1 results) can’t last indefinitely.

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