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 > Flop

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Post by stwatcher on Jul 22, 2024 10:07am

Flop

Well these results are brutal

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Comment by marcrobert on Jul 22, 2024 10:50am

funny silence, where are the ac maximalists when you need them

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Comment by Nordico on Jul 22, 2024 11:38am

Since I live on the west coast...it's 'funny silence' because I was sleeping if you must know. Re: the updated guidance, obviously unfortunate, but note AC will still earn about the same or higher adjusted net income in 2024 as it did in 2019, when it traded for $50 ($35 adjusted to today's share count). The shareprice has been so undervalued going into today's news that a big ...more

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Comment by xgbssxx on Jul 22, 2024 12:43pm

Exactly this. Air Canada can legit buy itself out in 3 years. The amount of cash it is generating is epic. Any return of cash announced will shoot this thing past $20.

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