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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

Comment by jjwilsonon Aug 14, 2024 8:12pm
60 Views
Post# 36179645

RE:RE:RE:RE:RE:Pilot deal getting close

RE:RE:RE:RE:RE:Pilot deal getting close
You said, "the unions have little care for the long term health of the company" and I pointed out that the employees have, generally, signed on for life while the the management are simply hired guns who come and go as the wind blows.

Now you want to talk about fuduciary responsibility.  What a joke.  As long as the execs file the correct reports according to the correct timelines they are basically untouchable.  I've been investing for 40 years and I have been burned dozens of times by incompetent management who skated away untouched so don't talk about fuduciary responsibility. 

Current management at AC is weak and they have no direction, no vision.  CR was a hundred times better and the stock performance shows it.  Nobody has confidence in MR and I expect he's not going to be around much longer.  If the board have any wisdom they would have promoted BS into CEO position but they let him get away.  I have no idea who they'll get to replace MR but likely some senior VP at United or Delta who'll be parachuted in and then we can meet back here for you to tell us about how the employees don't care about the health of the company while the new guy who didn't know how to spell "Air Canada" until last week has the fiduciary responsibility for the whole thing.
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