Airlines Big Picture
Jet Fuel is still too higher relative to Airfare.
Borrowing costs for a very capital-intensive industry have risen significantly relative to 2019.
The cost of labor has also risen with pilot shortages.
Passenger loads have only now returned to pre covid 19 levels.
Lastly, number of shares outstanding has risen significantly as well.
In my view, airfare has to rise much more than pre covid levels. Though there are some long-term buys I like.
Borrowing costs for a very capital-intensive industry have risen significantly relative to 2019.
The cost of labor has also risen with pilot shortages.
Passenger loads have only now returned to pre covid 19 levels.
Lastly, number of shares outstanding has risen significantly as well.
In my view, airfare has to rise much more than pre covid levels. Though there are some long-term buys I like.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.