In today's podcast I give a 10 minute take on Air Canada, Canada's largest airline. 

As everyone knows the pandemic has taken a considerable toll on the airline industry as a whole, but for companies like Air Canada who make their money on international travel, times have been especially trying. We cover three negative factors that are a concern for Air Canada and the airline industry, followed by three factors for why I think they can turn the plane around in 2021. 

Weaknesses: WestJet is voicing their current struggles, and investors have to assume Air Canada is in the same boat; Air Canada is the Canadian leader in international flights, making them the hardest hit by government of Canada travel regulations in regards to the covid-19 protocols; an d Bill Gates has come out publicly to say he believes business travel will remain 50% lower on-going, even after the pandemic is over or severely reduced. 

Strengths: Air Canada has rereviewed Apex's Diamond certification status, the only Canadian airline to do so and one of the first in the entire world; Partnership inked with McMaster Health Labs to try and use rapid testing protocols for reducing quarantine time post re-entry to Canada; and air Canada has a huge pending deal to acquire Transat AT, a Quebec based transportation industry. 

Technical Analysis: Mixed reviews from the technicals, it looks like Air Canada could break out either way, and may be poised for a run to the up-side or down-side. The next few weeks of news on the company will be crucial to its direction. 

Price Alert: I am setting a price alert warning for Air Canada between $18.80-18.50 to re-evaluate the stock and see if it the buying opportunity is there. If we see sub $18.80 in the next three weeks, likely I am a buyer of this company

*Opinions are my own, please consult an investment professional before making any investment decisions*