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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 > Bankruptcy back on the table
View:
Post by Returns2021 on Sep 03, 2021 2:45pm

Bankruptcy back on the table

Given the looming shutdowns and the refusal for a large segment to refuse vaccines and actively fight against any scientific progress....not just being ignorant, but actively fighting against health measures to control the virus. Hospitals are over capacity, shut downs are coming, bigger losses for AC, bankruptcy now a possibility once again
Comment by Tommy123 on Sep 04, 2021 5:53pm
This post has been removed in accordance with Community Policy
Comment by givemeabreak1 on Sep 04, 2021 7:35pm
Returns I do not see bankruptsy on the table anymore.  They have shored up their financials pretty well so they should be good for at least the next 6 months to a year.  That said, airlines will never be what they once were especially AC.  They went into this thing as the dominant player with limited competition outside of West Jet.  They are comining out a much smaller more ...more  
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