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Bullboard - Stock Discussion Forum 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... see more

TSX:AC - Post Discussion

Air Canada > A NOTE OF CAUTION
View:
Post by Starsearcher80 on Apr 16, 2021 9:57am

A NOTE OF CAUTION

AC share price is still strugging here, and with good reason.  If Ontario announces severe restrctions today, (as I fully expact), and/or Interprovincial travel restrictions are put in place, I expect the share price to take a significant hit.  It's not that this news directly effects the operations of AC (well, the Interprovincial certainly will), but it will be cold water in the face of people who think we'll be all good by July 1st.  Much as I would wish for it, it's looking more and more like this will be the case.  Additionally, WHO just put out a significant warning: CLICK HERE to read.
Comment by bmeister2 on Apr 16, 2021 10:12am
I agree totally,starsearcher, with your assessment. AC's drop is directly proportional with Canadian,and in particular,Ontario sentiment on how well we are doing with the pandemic and our federal governments anemic response to it. It is now very safe to say we can't vaccinate our way out of this by summer with vaccine roll-out a disaster mainly at Trudeau's hand, but we need more ...more  
Comment by givemeabreak1 on Apr 16, 2021 10:28am
I am not sure how people say it is safe to travel by air just about every flight in and out of Vancouver has cases of Covid most are the B1 Variant.  There is a study out of BC that shows Whistler as the greatest cause both International and Domestic Flight come in when it comes time to leave Whistler they carry it to the rest of Canada and overseas.  I guess BC decided to let them party ...more  
Comment by Fishermen on Apr 16, 2021 10:44am
India  is worse , why they still allow flights  from  India.??? We will be drowning  in covid-new-variants-cocktail.  Hopeless.  This is like WWIII , and government  still think individuals personal interest  should be their priority??
Comment by Invinceableone on Apr 16, 2021 10:47am
This post has been removed in accordance with Community Policy
Comment by Fishermen on Apr 16, 2021 10:37am
our liberal government  is a bunch of poopoo-minded maggots. That NDP thing  is even worse Only thing they good at is securing their votes.  Border control  is nonexistence.Airports are wide open.  People  are allowed  to travel  freely.  Yea, more new variants. And they can not  even  force  people  to stay home or hotel for at ...more  
Comment by Tommy123 on Apr 16, 2021 10:16am
This post has been removed in accordance with Community Policy
Comment by TrendSwapper on Apr 16, 2021 11:20am
Well, you should find some solace in the fact that the Canadian government now owns 10%. That's a big stake and I'm confident now more than ever they won't let this airline crumble. It seemed like a crummy deal at first, but look at it from a continuity perspective.