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... see more

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TSX:AC - Post Discussion

Air Canada > Credit Scores

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Post by JuIieRichards on Jun 01, 2023 9:44am

Credit Scores

The type of individual and household determines their credit scores. Typically Aeroplan member households have high credit scores, 720 and higher, with a significant percentage over the 800 mark. This explains why air travel and particularly international air travel is continuing to expand, whereas services that are used by subprime (credit scores 620 and below) and deep subprime clients will see demand tightening.

Very likely that the trolls on these boards are part of the subprime group, so this influences their world view.

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