FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
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Old Jan 29, 2021 | 12:55 pm
  #493  
mileageking
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They didn't publicly but JT's tone overall was quite positive towards the airlines. One of the journalists asked if there will be financial compensation. His response was wishy washy suggesting there are ongoing talks with the airlines and recognizes there needs to be a healthy, competitive & successful airline industry in Canada once we are through this pandemic and that government will be there to support. He came short of making a financial commitment. I guess there may be more to come in the coming weeks . Stock is taking a beating today as expected and hopefully bounces back.
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