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.

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Air Canada > That’s all folks

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Comment by Nordicoon Sep 05, 2024 4:11pm

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Post# 36210549

RE:RE:RE:RE:RE:That’s all folks

I'm thinking a strike or lockout will last for 2-3 days max; too much chaos.

jjwilson wrote:
Don't think we've seen the bottom yet? Now you're just being overtly bearish. It would need to go down sub-14.50 before the labor impasse is resolved within a couple of weeks, which is very unlikely.

My apologies, I was speaking off-the-cuff. I didn't mean that he would literally make 30-35% or that we'd set a new low. What I was trying to say is that I expect the SP to go lower than it is now before the pilot issue gets resolved.

I'm not the Oracle of Delphi so what do I know - just think this pilot thing is going to be a bigger deal than some anticipate.

I do not think the gov will intervene immediately - probably let it run for a week (maybe longer, maybe less) but the cost for this will be counted in hundreds of millions. It's not going to matter much in the long run but the sp will take a hit because of it. The upside is I also anticipate a good run when agreement is reached so there's that to look forward to.