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Air Canada (AC.TO)
Toronto - Toronto Real Time Price. Currency in CAD
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23,432 reactions on $AC.TO conversation
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Right decision - Time to buy?
AC made the right decision, I am buying. Here is my take on what is happening.
The hospitality industry found itself in a pickle, lay-offs and re-hire, lay-off, re-hire, 1st,, 2nds, 3rd, 4th, wave. It made very difficult for them to gage staffing. It "almost" doesn't matter were you travel to, currently there are staffing issued everywhere. Heathrow Airport for example is short ~4000 staff.
I had a flight 2 hours late waiting to be cater. I heard the cater company is also understaff.
As an investor, I rather see a little less flights but all leaving on time and cater properly than too many flights on the board and most delayed of canceled.
Flight are full and no shortage passengers for 2022 and most likely 2023 as some people are still holding back due to covid.
I am actually surprised AC stock didn't react in a positive way to the news of Air Canada leaning it's operations. Biting what it can chew is better.
I am buying to hold long term 5 years, 10 years or more. I think anything below 25 is a good buy, below $20 is a great buy. At $16,00 or lower is an incredible buy.
Air Canada is a company run buy accountants, it will be profitable soon.
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Cutting flights shouldnt effect the shareprice to much.....
Air Canada had to cut flight because they are busy. Travel is back in full swing and the stock is trading at a generous discount. Picked up shares today and will look to add more.
We should see the stock climb around 3pm given that all the shorts will start to cover with tomorrow market being closed...UAL is already up.compared to the morning..
@vasily where did you get the q2 sales figure from ?
Who’s in on a major class action lawsuit
Looking for ppl with 120k plus invested
I wish I had more $$$ to average down....this is obviously over reacting...travel demand is over supply and AC just don't want the disruption with flights cancel and effect transportation. They know they will make more $$$ at no time....Why r u selling at lost under 16$ ????
Air Canada cutting over 150 flights per day for the whole summer = less revenues. I don't see a positive in this.
relax it's canada 🇨🇦 day weekend
we are just selling shares to buy beer 🍺
Just sell and it will go up 😉 😘 😁
See you all in august ✌️
canceling 10k flights of 430,000 for the year
predictable good news is... oil price will be falling
cancelling 17% of domestic rapid routes while they are charging 35% more...all a wash. this is a prudent move
The real JujuDoctor
HUGE BUYING OPPORTUNITY!
They are shorting AC crazily, but a lot of people are buying as well.
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