Air Canada T.AC

Air Canada is a buy....

[Wynjoe]

The March covid crash in 2020 is behind us when s/p dropped below $10.00 for Air Canada (rightly so when airports shut down and there was near zero revenues).Yesterday ,Canada dropped all covid restrictions for October and many other Countries are doing likewise.We are at the beginning of an airlines recovery and with a potential customer base of over 50 million (2019 projections),a ONE dollar increase in fares will add FIFTY million dollars to Air Canada's bottom line, WOW!!! Air Canada is Canadas biggest airline and has overwhelming support from our federal politicians,they are an iconic symbol for Canadians and proudly fly around the world displaying our beloved maple leaf. They are a safe and reliable company and has even added to thier cargo carrying capacity and has increased revenues because of this. Oil prices have stabilised and with holiday passenger traffic increasing, profits should start mounting. We are at a turning point and though the (projected)recession may play a part in keeping s/p stable,share price will spike at some point.Good things are about to happen.AIR CANADA IS A VERY STRONG BUY AND HOLD!!!

[givemeabreak1]

Wynjoe It sounds great a whole potential 50 million but when you are bleeding 1-4 billion a year 50 million is a very small bandaid for a very large wound!  The other issue besides going into recession is Air Canada/West Jet duopoly is being challenged but at least 3 new low cost airlines.  You have Flair then of course Lynx and now Canada Jet lines.  I just flew Lynx to the East

[Returns2021]

LOL.  This guy is a delusional bagholder