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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 > Gas at the pumps in Ontario $1.47
View:
Post by Invinciblone on Jan 23, 2022 3:01pm

Gas at the pumps in Ontario $1.47

Inflation is out of control jet fuel prices are at the highest in years.

the increase in price in the last 3 months will cost airlines $20,000,000,000 a year in extra costs.....

They will jack interest rates very soon

how many people can afford an extra 3-4% on their mortgage?

market correction has started, buckle up and keep a close eye on your $

Comment by Returns2021 on Jan 23, 2022 3:19pm
not many.  Airliners can try to pass costs onto consumers, but it will only reduce demand!!! Every single factor is going against AC and other airliners.  You will see $5 sooner than any bagholder thinks
Comment by biggerr on Jan 23, 2022 3:29pm
People don't fly very often, therefore even a 10% rise in the ticket price won't affect their decision to spend a week on a beach in Mexico insted of chilling their bones in Toronto
Comment by Invinciblone on Jan 23, 2022 6:47pm
Can we just unpack your statement  please invest in this airline I  am pumping... followed by people don't fly very often? the 10% increase in flights is not the major issue it's the 10-20% increase in daily life that will have the larger impact on the industry  if you can't pay your mortgage and buy gas and groceries all at the same time then flying to ...more  
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