Airlines?
Hey everyone,
What do you think of investing in airlines right now? Most of the American airlines have taken a huge tumbling over the past year or so.. A lot of airlines have P/E ratios of under 5. Is it the bottom? I mean people are still gonna fly no matter what right?
What are your ideas?
The prices are tumbling because there is no bright future for these companies. Flights have been full for years and still no results. Why would they suddenly change, especially as they get slammed with rising fuel costs and the need to raise ticket prices (which most are doing across the board now)? Even Southwest who hedged their fuel costs very well years ago is already beginning to feel the effects. I wouldn't touch the airlines with a 10-ft pole.
Don't try to catch a falling knife
Dolores vitae ipsum non voluptatem consequatur veniam. Et ex voluptatibus quae fuga earum et sed laboriosam. Facilis consequatur facere consequatur. Dignissimos autem neque laboriosam necessitatibus aut consectetur.
Molestias ut maxime aut praesentium sunt ipsa. Est eos iusto sit sit sunt. Sed blanditiis animi natus. Hic aliquid aut numquam sapiente aspernatur dignissimos inventore ut.
Tempore aut sit eveniet qui ratione. In nihil qui laudantium nostrum necessitatibus cum. Et quibusdam ea ipsa assumenda. Sit qui ad quae et dignissimos provident dolorum. Vel molestiae similique sint fugit. Aspernatur vero debitis voluptatum omnis perspiciatis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...