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Thread: What drives Air Canada's stock price?
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Old May 21, 2020 | 6:02 am
  #469  
tcook052
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Canada’s largest airlines will burn through cash as they endure a long recovery for the industry, S&P Global Ratings said as it downgraded Air Canada and WestJet Airlines Ltd.

Air Canada won’t see revenue and capacity return to last year’s levels until 2023, S&P said in an analysis that led to a one-notch downgrade to BB-. It kept its outlook negative.
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