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Message
re: Does Anybody Own Airline Stock?
Posted on 9/20/12 at 10:33 am to Womski
Posted on 9/20/12 at 10:33 am to Womski
quote:
old adage is never buy airline stock
There is a reason that old adage exists. I can't remember which airline it was, but a ex-CEO said "airlines are great places to work, but he'd never own the stock."
2
Posted on 9/20/12 at 10:45 am to LSU0358
Who is buying this stock? If AA merges with United it will be a huge airline. People are still flying and in the long-term, fuel efficiency is only going to increase which will increase profit. I see Airlines only widening their margin in the future.
This post was edited on 9/20/12 at 10:56 am
Posted on 9/20/12 at 11:49 pm to LSU0358
quote:
There is a reason that old adage exists. I can't remember which airline it was, but a ex-CEO said "airlines are great places to work, but he'd never own the stock."
It was Robert Crandall at AA
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