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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 > Unprofitable
View:
Post by Returns2021 on Apr 11, 2023 12:48pm

Unprofitable

This is not the market environment to invest your money into unprofitable and highly indebted company like AC.  It is financial suicide to do so.  Fuel costs are going through the roof along with other costs.  Ticket pricing is declining due to large competition and slow travel demand.  Q1 AC share price gets slaughtered and falls below $15 for good.  You got a SELL gift today.
Comment by Returns2021 on Apr 11, 2023 2:18pm
The gift of $19 is NOT going to last, plunge to below $15 after Q1 miss.  Costs continue to rise and ticket prices softening 
Comment by Returns2021 on Apr 11, 2023 4:06pm
Don't lose this magnificent gift to sell at $19.....Q1 miss and below $15 for good it will go.
Comment by Returns2021 on Apr 11, 2023 9:55pm
$19 is temporary.....below $15 after Q1 miss.  Fuel costs surging.
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