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 > Pressure mounting to remove negative test!!! Positive news!!

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Post by Abid123 on Oct 29, 2021 9:23am

Pressure mounting to remove negative test!!! Positive news!!

https://www.cbc.ca/news/business/pcr-test-travel-1.6229164

only matter of time!!! Get in while you can!!! Share price is extremely depressed!!!

169

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Comment by Veecee1 on Oct 29, 2021 9:40am

In its statement, NACC says: “With federal policy now requiring aviation employees and passengers to be fully vaccinated as of Oct. 30, the government needs to end other measures implemented prior to the full vaccination mandatory, such as mandatory PCR testing pre-departure for fully vaccinated travellers coming to Canada.” https://www.travelweek.ca/news/acta-and-nacc-on-new-cabinet-we-will-begin ...more

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Comment by Returns2021 on Oct 29, 2021 10:19am

Boooom, there goes the share price. As yours truly called, avoid this stock like the plague. It is just in the initial stages of a multi year correction. Below $20 after the ER

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Comment by Returns2021 on Oct 29, 2021 10:08am

LOL, what a bagholder. All of this was already baked in initially and this is why share price was hovering between $20-30. Now we know the recovery will be much slower, the market is starting to value shares correctly. You will see this correction take place all the way to $5

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