Q: Should one purchase Air Canada now that a settlement has been achieved with 5400 pilots It traded at $ 50.00 in 2020. What do you think of its Leadership ?
Is it a long term buy. ?
RAK
Is it a long term buy. ?
RAK
5i Research Answer:
The stock rose on the news but we would not trade this event alone. Management we would consider so-so. It is a tough industry but with the weak competitive situation in Canada we think they could certainly do better. We would not consider it a long term buy.