At this point in time I remain loyal .....even though recent travels did remind me that airline business is just a commodity item and there ain't much difference between airlines anyway. Air seem to be one of the more efficient ones (operationally) so probably has the best prospects
Hate this modus operandi on long haul - give them dinner and then turn the lights off and hope most passengers sleep so they don't have to do too much for them. After 5 or 6 hours in the dark how the heck can you even tell what airline you are flying with anywhere
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
At these sort of prices, I'd be off loading faster than a straight ski run from the top of Treble Cone ski field.
Pity you off loaded sub $ 2.50 .....your judgement wasn't right on the timing then what makes you think it's any better now ? Seems you have repeated this overvalued s/p call every 10 cents since you sold.
Still pretty low PE ratio couta...even without any earnings upgrade
Yes but that's normal for Airline stocks, doesn't mean it's good buying in comparison to non cyclicals.In fact when PE ratios are very low in a stock like Air, it's a signal of the end of a prosperous interlude.
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