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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 > Heavy pressure
View:
Post by Tempo1 on Sep 12, 2024 9:40am

Heavy pressure

Heavy pressure to avoid a strike (or no more than 2 days). Agreement negociated or forced.
A strike with an offer of 30% (with an immediate 20%) on the table!!!. The common sense tell to everyone that it's unacceptable. 
Especially since WestJet only had 24% and in the USA they had 34% to 45%; it's not just the American agreement, at Delta it was 34% for 4 years (18% upfront).
Comment by 1condor on Sep 12, 2024 10:27am
I am betting the strike action will be resolve very soon then followed by a nice short squeeze. Should be good for a quick run to 17.