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 > AC done ??

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Post by stocktalk on Oct 18, 2021 1:44pm

AC done ??

https://ca.finance.yahoo.com/news/air-canada-west-jet-facing-new-competition-thanks-to-covid-19-151851375.html

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Comment by Returns2021 on Oct 18, 2021 2:01pm

Not done, but the competition will negatively impact profits. Hence another reason shares will continue losing value

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Comment by Invinceableone on Oct 18, 2021 2:12pm

This post has been removed in accordance with Community Policy

Comment by TheGrapeOne on Oct 18, 2021 2:44pm

The Canadian airline market is currently dominated by Air Canada and WestJet, which control about 80 per cent of total domestic seat capacity. But, as Doerksen and Hutton noted, there is potential for a "land grab" in market share by airlines such as Flair Airlines and Porter Airlines. We believe Flair is already having an impact on pricing on routes where it competes directly ...more

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Air Canada