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 > Burning money

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Post by Potent on May 07, 2021 6:36am

Burning money

They lost over 1 billion in Q1 and now expect to lose another 1 billion plus Q2 ????????
May 21st Canada and USA are more than likely to extend the travel ban till end of summer early fall!!
This can't be good overall especially missing the summer demand. I think we going under 20$ in the next few months if this plays out . GL to all longs

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Comment by Exgeac on May 07, 2021 7:36am

Got out yesterday at $24,10,,,, thinking all day it would rebound,, not a chance, very volitile week,,, let's see where the stock price closes today, any thoughts?

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Air Canada