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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 > On another note!
View:
Post by givemeabreak1 on Jul 25, 2021 8:13pm

On another note!

Some countries are discussing requiring a third booster dose in the fall or no entry!  Air travel number will not get back to 2019 levels before the Spring of next year and even then the question will be at what price are people willing or even able to afford flying!  It is a question because flight tickets will need double digit increases over 2019 to make up for debt servicing differentials.  AC is fully priced if not overpriced based on 2019 paremeters!  Stock market exhuberance is a wonderful thing.  People like me have made a killing in the stock market so can afford to fly.  That said,  I recently moved to a 40% cash position as the stock market is due for a major correction.  That alone will cause some problems in the Airline industry!   J-bone will continue to fly because she is a sky waitress!
Comment by Returns2021 on Jul 25, 2021 8:19pm
AC will trade between $10-15 within 6 months.
Comment by satchmo6 on Jul 25, 2021 8:58pm
ahh due beleeve ya got a pernt , der jedge
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