Bullboard - Stock Discussion Forum 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... see more

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TSX:AC - Post Discussion

Air Canada > I sold.

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Post by BCthoughts on Jan 08, 2021 12:45pm

I sold.

WestJet just annouced more layoffs and the time to recovery has been severly pushed back yet again. Cash burn is rediclous and raising more cash will be required if a merger with AT is to take place. This airline is so bloated when hardly anybody is flying. Great money maker pre covid but this is a major set back and will take at least 5 years to recover from. Money better off elsewhere.

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