Air Canada T.AC

Airlines plunging. Why???

[Returns2021]

Because cost of fuel is usually the largest operating cost.  This has now gone through the roof.  The pumpers will say just increase ticket prices, LOL.  They don't understand how markets work at all.  AC is going below $20.  You will not see $25 in your life time again.  You will see $5 soon though.

[Dividends]

That's amazing for new investors. Only the strong airlines will survive. The cheap poor ones gonna give the keys to the Boeings not good for cheap travel tho. Goodbye to cuba all inclusive for $600...

[Wynjoe]

Some other company will pick up air Canada assets for Penny's on the dollar, maybe a company that dont reap all the profits in their big pockets.

[GoodMonkey]

take your cash and run for the hills. United airlines is down 14% today and more than 30% so far this year. Cash is king 

[Dividends]

The war will end. They won't let die go on and on.  I want Ac for cheap cheap cheap tho. It won't be profitable there is always something but people love it. 

[TheGrapeOne]

This situation wiht Russia is just getting started.  Do some reading it will keep you up at night but they are not going to stop moving forward. They also want Parts of Canada so if they are left unchecked much longer we will be in trouble.

[TheGrapeOne]

Hate to break it to you but AC is not one of the strong ones......      THe only reason they still exsist is because they have had to get bailed out out over and over and over. They dont even own all thier own planes any more already sold a bunch off then leased back lol This could hit Sub $10 and if it does its over the creditors will come calling  

[GoodMonkey]

United now down 15% so far today. AC is about to get destroyed too. 

[GoodMonkey]

I can't believe people are paying over $19 to buy AC today, I wouldn't even pay $5. With current global conditions (was, inflation, raising interest rates, incoming recession)  and current oil price this should be trading under $1