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 > Debt is not an issue for AC

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Post by Abid123 on Dec 31, 2021 6:17pm

Debt is not an issue for AC

Guys the bears keep saying oh my god AC has debt. Well guess what everyone and their pops is in debt and as long as you can service it, it does not matter.

AC is in a dandy position. They have put the company on cruise control.

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Comment by Invinciblone on Dec 31, 2021 6:29pm

But they have proven they can not handle it hense the bail out the third bail out you on some good drugs to think that this will hit $30 again yet alone higher

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Comment by Abid123 on Dec 31, 2021 6:31pm

That was precautionary big daddy. You dont borrow for what you need. Thats how companies are run. Skipped business101?

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Comment by Invinciblone on Dec 31, 2021 8:19pm

Lol the first two bail outs were to keep them from going under..... this last bail out was to prevent them from getting to that point. skipped history and reading 101?

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