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 > Markets still at record high

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Post by Returns2021 on Sep 10, 2021 3:27pm

Markets still at record high

And AC is plummeting- the business is in real danger and bankruptcy is now high possibility. Now just envision a 10% market correction and AC falls minimum another 50%. Get out while you still can. Zero upside and a ton of downside

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Comment by Invinceableone on Sep 10, 2021 3:28pm

This post has been removed in accordance with Community Policy

Comment by Stuffitnow on Sep 10, 2021 4:13pm

They won't go bankrupt but they can always go back on bankruptcy protection. It's an easy way to get rid of a lot of debt, renegotiate union contracts and contracts with the suppliers. They have done it before and I can't see why they wouldn't do it again.

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Comment by JuIieRichards on Sep 10, 2021 5:30pm

Clearly a troll post by StuffIt who has no clue as to how CCAA works. With billions in cash in the treasury and overfunded pensions, pretty hard to pull it off. LMAOROF.. yeeee haaaaa, back to the B7777777777777 dreamin. Troll farm boyz should be mighty familiar with personal bankruptcies though..

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