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 > Looking ugly

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Post by Returns2021 on Dec 25, 2021 4:23pm

Looking ugly

There will be no recovery in 2022. Any recovery is 3 years away.

https://www.google.ca/amp/s/globalnews.ca/news/8474257/covid-christmas-celebrations-around-the-world/amp/

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Comment by alvarez2 on Dec 25, 2021 7:32pm

Yeah ? And if that were true, oil consumption goes into the toilet with everything else . Wouldn't bode to well for Suncor.......the one and only company you own, now would it ?

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Comment by Returns2021 on Dec 25, 2021 7:48pm

Nope, Suncor will do fine. Airliners will suffer the most because there will be no travel recovery to pre-pandemic levels for another 3 years. Suncor is financially strong and can withstand hits to oil prices. AC meanwhile is only alive thanks to MASSIVE debt. Big difference.

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