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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

TSX:AC - Post Discussion

Air Canada > If Buffet loaned AC the $ 6 bail
View:
Post by GolongGekko on Apr 12, 2021 8:21pm

If Buffet loaned AC the $ 6 bail

... it would be flat 9% ror. Government worked a nice deal and will profit, as we ALL will as AC returns to the skies, Aeroplan kills it and we return to making $$$$$. Relax and just Golong my Pretties.
Comment by JuIieRichards on Apr 12, 2021 9:20pm
Great Point, Golong. AC got a steal of a deal, given the size of the total package. Plenty of liquidity to execute its Covid exit plan, with all engines on Full Throttle.   
Comment by thinkyourmoney on Apr 13, 2021 1:05pm
This was a succinct summation of the deal.  I hope you don't mind if I address some details. I made a hopeful prediction a couple of weeks ago in a post.  Here is an excerpt.   "What would make sense is for the government to replace the loss of working capital  for the businesses that have had to dig into that reserve to survive this pandemic.  I don't ...more  
Air Canada