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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 > $5 is imminent
View:
Post by Returns2021 on Nov 11, 2022 12:08am

$5 is imminent

It only gets worse for AC.  Now they have to deal with the lawsuit judgment against them. They will be on the hook to pay tens of millions.  Bagholder losing their mind.  One of the worst large cap stocks on the TSX.  I told you so, avoid like the plague.
Comment by Veecee1 on Nov 11, 2022 7:48am
However, Judge Hivon found that the former Aveos employees had not demonstrated that the collapse of Aveos was caused by bad faith or wilful misconduct of Air Canada. She therefore dismissed the claim of $110 million in punitive damages. In a written statement, Air Canada said it had "always acted in good faith in this case" and noted that the court concluded the company did not cause ...more  
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