What drives Air Canada's stock price?

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Mar 7, 2019, 11:53 am

#361

Stranger

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Quote:

Originally Posted by tcook052

https://www.fool.ca/2019/03/07/why-a...00-in-7-years/

Why Air Canada (TSX:AC) Stock Is up Almost 4,000% in 7 Years

Selling broken J seats must do some good?

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Mar 13, 2019, 5:07 pm

#362

marke190

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I think it's safe to say that the recent 737 MAX grounding will hurt the stock price at least in the short term. Down over 2% in the last 5 days.

Mar 13, 2019, 5:33 pm

#363

5mm

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Quote:

Originally Posted by marke190

I think it's safe to say that the recent 737 MAX grounding will hurt the stock price at least in the short term. Down over 2% in the last 5 days.

Should effect all of Boeing customers.

Mar 14, 2019, 11:39 am

#364

YYC009

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I am somewhat surprised the stock didn't drop further. The B737 Max is going to be the new backbone of the fleet.
That being said, maybe now is a buying opportunity, as I am sure Boeing fill figure this out quickly and regulators will put the plane back in the sky soon.

Sep 9, 2019, 8:16 pm

#365

tracon

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Getting kicked off the TX60 sent the price down 1.5% today.

https://www.bnnbloomberg.ca/air-cana...ejig-1.1313164

Air Canada fell as much as 1.5 per cent on Monday after the stock was unexpectedly left out of a reshuffle of the S&P/TSX 60 Index and Kirkland Lake Gold Inc. added instead.

Sep 9, 2019, 8:43 pm

#366

TechnoTourist

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All the index funds suddenly don't need it in their portfolio

Oct 27, 2019, 6:40 pm

#367

YYC009

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Anyone have any thoughts to Q3 results coming out this week and what will happen to the stock?

Oct 27, 2019, 7:50 pm

#368

songsc

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Quote:

Originally Posted by YYC009

Anyone have any thoughts to Q3 results coming out this week and what will happen to the stock?

Still strong?

Oct 27, 2019, 7:52 pm

#369

RangerNS

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My prediction is that the announcement will be delayed by 1:30 due to IT constraints.

Oct 27, 2019, 8:11 pm

#370

SparseFlyer

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My bet is that it will be delayed because brd/off points required this announcement.

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Oct 27, 2019, 8:59 pm

#371

canadiancow

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Quote:

Originally Posted by SparseFlyer

My bet is that it will be delayed because brd/off points required this announcement.

The annoying thing is that from 99% of FTers, I'd groan at that post.

From you, I'm still groaning, but for better reasons.

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Oct 28, 2019, 6:07 am

#372

SparseFlyer

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I've learnt to appreciate compliments when they come my way, so I'll take it.

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Jan 1, 2020, 10:42 pm

#373

Sopwith

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From today’s G&M:

Who would’ve thunk it ten years ago?

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Jan 27, 2020, 9:40 am

#374

mapleg

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The stock is taking a pounding today and the past few weeks. Was over $52.00 a few weeks ago and down almost 6% today to $44 and change.

Jan 27, 2020, 10:10 am

#375

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Quote:

Originally Posted by mapleg

The stock is taking a pounding today and the past few weeks. Was over $52.00 a few weeks ago and down almost 6% today to $44 and change.

Just like other airlines. Expected impact of the coronavirus. Air Canada probably does not have as big an exposure to the Chinese market as they onve hoped they would, but there likely will be an impact overall, hence the effect on stock. Same is happening to airlines that don't fly to China. I was just looking at Brazilian airlines, for instance, also a significant drop.