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

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Post by JackWabbiton Jul 17, 2024 12:48am

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Post# 36136062

I feel comfortable owning AC stock today!

All things considered, Air Canada stock looks fairly promising today. It trades at around three to five times earnings, depending on which earnings measure you use. And it’s doing billions in free cash flow, yet it trades at levels last seen during the COVID lockdowns when the company was losing over $4 billion a year. I’d be comfortable owning AC stock today.

Written by Andrew Button

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