Air Canada T.AC

$5.9 Billion bail out, not going to last !!

[stocktalk]

AC is burning 1 billion just in the last Q1. Round two coming soon.

DYK, back in the day ac shareholders were forced to take a reverse stock split to

support the new company. Victor Li wanted to buyout but no success with pension reform.

https://en.wikipedia.org/wiki/Air_Canada

IMHO

[TradeForex]

Reverse stock split? 

[stocktalk]

Sorry, what I meant to say was in 2003 ac was under bankruptcy protection. The court approved protection took 18 months but the stock was worth nothing.

[Invinceableone]

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[Returns2021]

When debt goes through the roof, bankruptcy always becomes a risk

[Invinceableone]

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[TheGrapeOne]

So what your saying is they commited fraud and took Canadian tax payers money and then are not going to use it for what it was ment for give out huge bonuses ...... Hmm sounds shady

[givemeabreak1]

I-Bone Are you the official spokesperson for AC lol?  You say they are not even going to use the Government Funds.  Funny part is that even AC has not said that!  Most of the private money according to AC is going to refinancing esisting older higher price loans!  Just a wild guess but they are going to need billions to get to full operating capacity.  

[TheGrapeOne]

The pumpers have revertedd to flat out lies now claiming stuff they have no proof of. I called out Julie earlier for making claims as facts but could not back anything they said up instead they reply with off hand remarks about age I must need beer money and for some reason they are obsessed with Moncton lol Thing is lies in print  you can be held responcable for passing lies off as

[Invinceableone]

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