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        Hi I’m Ted Dixon with
        your April 16th INK
Morning Report preview,
        "Air Canada shareholders
are
        flying through cloudy
skies."
        Ottawa announced
        a multi-billion-dollar
bailout package
        for Air Canada on Tuesday.
        While all taxpayers are
now
        indirectly Air Canada
shareholders,
        does the deal make
        the stock a good
investment for
        those thinking of putting
it
        directly into their
portfolios?
        INK signals suggest that
there
        may be sunnier skies
elsewhere.
        Now the deal provides the
company
        with $5.38 billion under
        a range of lending
facilities including
        the $1.4 billion
non-recourse,
        non-refundable ticket
refund lending facility
        or NRNRTRLF for short.
        In exchange for the debt
facilities,
        the Montreal-based carrier
has agreed
        to issue up to 14.5
million
        warrants with an exercise
price of
        $27 and 26.98 cents for 10
years.
        The deal also provides Air
Canada with
        a $500 million equity
injection through
        the issuance of shares at
a price of $23
        and 17.93 cents per share.
        While there has been
plenty of chatter
        in the media about Air
Canada
        likely benefiting once
Canada
        gets over the hump on
COVID-19,
        our signals suggest that
        the risks remain high for
this stock.
        Some of the possible
headwinds that come
        to mind are rising fuel
prices,
        competition, an
old-fashioned recession,
        and even another pandemic.
        We did not hear much
        about those risks on
Tuesday.
        Meanwhile, insiders have
been selling
        Air Canada shares over the
past 90 days which
        is enough for us to look
for
        other destinations with
what’s left
        in our wallets after
        the tax collector comes
        calling later this month.
        Now, this is not A
RECOMMENDATION TO
        BUY OR SELL SECURITIES AND
I
        AM NOT A FINANCIAL
ADVISOR.
        SO PLEASE DO YOUR OWN DUE
DILIGENCE.
        If you would like a copy
of the full report,
        please visit
INKResearch.com or
        CanadianInsider.com where
you can
        get the report via the
Canadian Insider Club.
        Check back again Monday
for
        another INK morning video
summary.
        Or you can click on the
notify button under
        this video INK Ultra Money
platform
        to be notified when
        we have our next preview
available.
        Well thanks for dropping
by and I
        look forward to seeing you
back
        here next week for
        another INK Morning Report
video preview.