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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

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

TSX:AC - Post Discussion

Air Canada > Valuation
View:
Post by Returns2021 on Jan 22, 2022 1:02am

Valuation

Even if travel was to go to normal tomorrow, this stock will still continue dropping on fuel prices alone.  Profitability is gone for years to come.  They might avoid bankruptcy, but it will go lower, much lower in due time.  ZERO upside.
Comment by SlickRick40 on Jan 22, 2022 7:27am
Finally someone gets it!!!!! Fuel costs going to kill profitability. And AC doesn't accept crypto. This stock going back to $15 maybe less
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