Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
American Airlines is cutting 19,000 jobs when federal aid expires in October
As a frequent airline customer, my business travel has stopped since late February and will not resume until early next year. Given how work still get done mostly remotely, future travel frequency will be reduce. Besides these airelines will not leave the middle row empty as to alllow social distancing, Many still pack their planes - greed!
By year end there is likely fewer commercial airlines Who survive as the demand continues to shrink. So Warren Buffet got out of areline stocks at a good time.
Comments
By year end there is likely fewer commercial airlines Who survive as the demand continues to shrink. So Warren Buffet got out of areline stocks at a good time.