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Bullboard - Stock Discussion Forum
Air Canada
T.AC
Alternate Symbol(s):
ACDVF
Industrials
Airlines
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...
premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.
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TSX:AC - Post Discussion
Air Canada
> Q1 results = share price PLUNGE
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Post by
Returns2021
on Apr 15, 2023 10:33pm
Q1 results = share price PLUNGE
The company is NOT and WILL NOT be meaningfully profitable for the next 3-5 years
(1809)
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Comment by
Returns2021
on Apr 15, 2023 11:32pm
Plunge after Q1
(1809)
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Comment by
Returns2021
on Apr 16, 2023 12:43pm
If you hold shares, prepare to lose most of your money. AC will fall well below $5. Investing is all about timing. Anyone buying shares of AC is going to suffer greatly. We are entering a period of SLOWING growth orchestrated by the FEDS to tame inflation. AIRLINERS have never ever done well in times of slowing growth. Now add in the massive debt, there will be
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Comment by
Returns2021
on Apr 16, 2023 4:47pm
Q1 PLUNGE will be epic
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