I'm not sure if I posted this in the right category, but here goes anyhow:
Air Canada stock prices have have had an average price of about $6 Canadian Dollars over the past 2 years. Currently the are around $3 dollars. I suppose a large part of the low price is the general downturn of the stock market and fears of a pending war but I would think that the losses that AC had recently have something to do with it as well.
Does anyone think that now is a good time to invest in AC or other airlines for that matter? Especially in light of the rough situation that UA and AA find themselves in? Is it conceivable that AC may not be around in a few years? Or are they in a position that would ensure their existence in the future, even though they've been in the red as of late?
Just curious.
Air Canada stock prices have have had an average price of about $6 Canadian Dollars over the past 2 years. Currently the are around $3 dollars. I suppose a large part of the low price is the general downturn of the stock market and fears of a pending war but I would think that the losses that AC had recently have something to do with it as well.
Does anyone think that now is a good time to invest in AC or other airlines for that matter? Especially in light of the rough situation that UA and AA find themselves in? Is it conceivable that AC may not be around in a few years? Or are they in a position that would ensure their existence in the future, even though they've been in the red as of late?
Just curious.
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