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 > Air Canada - Positive News

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Post by alive9well on Apr 02, 2021 12:38pm

Air Canada - Positive News

Dumping the Air Transat deal is a plus at this time. Combining two different corporate cultures, and having to provide assurances re keeping QC office and staff would be an unnecessary burden. AC maintaining business building flexibility is paramount. AC plays grandmaster level chess. Will assuredly have planned on how to build its own 'Transat' expansion by now. Bet, any valuable employees from Transat will have their CVs out to Air Canada shortly ;).

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Comment by givemeabreak1 on Apr 02, 2021 1:25pm

Personally I think it is best for AC they do not need the burden of Transat right now as Transat is going to need an infusion of about 500 million. I also think it is good for the Canadian Consumer. If Transat goes into creditor protection they will come out the other end a much more competetive airline and be able to offer more consumer choices. I do not expect a liquidation but ...more

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