“,”heading”:””,”fullWindow”:false,”fullBleed”:false,”showFullBleedOnMobile”:false,”headColor”:””,”type”:”html5mobile”,”textColor”:””,”mobileImageUrl”:””,”bgColor”:””,”imageUrl”:””,”registeredOnly”:false,”linkUrl”:””,”aodaTitle”:”ac”,”internalScroll”:false,”displayStyle”:”small-up”},{“text”:”This tension is reflected in the company’s stock prices, which have plummeted more than 40 per cent since last year. Air Canada stock sits at $16.68, compared to $28.10 last June.”,”type”:”text”,”isParagraph”:true,”isHeading”:false},{“text”:”The airline industry is still facing pandemic turmoil, said Ross Healy, chairman of Strategic Analysis Corporation. It will be difficult to know whether or not Air Canada is a smart investment until after the airline presents its second quarter earnings. Right now, Air Canada is in a “pretty severe” downward trend, he said.”,”type”:”text”,”isParagraph”:true,”isHeading”:false},{“type”:”textBreakPoint”,”insertAt”:”contentMiddleBreakPoint”},{“text”:”Healy said he’s “not necessarily in love with” Air Canada right now, because of short term earning pressures this quarter and drooping stock price.”,”type”:”text”,”isParagraph”:true,”isHeading”:false},{“type”:”ad”,”heading”:”ARTICLE CONTINUES BELOW”,”name”:”ArticleSecondBigBox”,”display”:”medium-down”,”pos”:”2″,”interstitial”:true,”sizes”:[[300,250]]},{“text”:”American Airlines “,”type”:”text”,”isParagraph”:true,”isHeading”:false},{“text”:”South of the border, air travel has largely returned to normal, with the U.S. dropping negative COVID test requirements for inbound foreign travellers. “,”type”:”text”,”isParagraph”:true,”isHeading”:false},{“text”:”Texas-based American Airlines reported $8.9 billion (U.S.) in revenue in the first quarter of 2022 and $1.6 billion (U.S.) in net losses. The company says it saw record sales in March, when revenue rose above pre-pandemic…
