Greenjet From Ireland, joined Aug 2001, 934 posts, RR: 1 Reply 3, posted (12 years 2 months 3 weeks 5 hours ago) and read 1264 times:
Purchasing stock right now requires caution. There's a chance the airline you invest in might collapse because of the fragile state of the airline industry. However, if the airline you invest in pulls through and its price rises then great! I just wish I could see into the future...
Quebecair From , joined Dec 1969, posts, RR: Reply 11, posted (12 years 2 months 3 weeks 2 hours ago) and read 1177 times:
These are my thoughts.
Any of the major airlines (UAL, AMR, CAL) will get out of this crisis. However you should not expect steady gains for the next few months. For example, UAL gain approximately 9% today. This might be lost tomorrow.
You have to invest moderately and for long term gains.
Jwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 20 Reply 16, posted (12 years 2 months 2 weeks 6 days 21 hours ago) and read 1111 times:
The best option now is to spread risk around. Do not invest in one stock, but take out several.
Then, if one of those companies does not make it, the other stocks may well compensate and at the very least you won't have lost money on the deal (if they all collapse you're still out of luck of course).
Also consider foreign airlines trading at your favourite exchange. They may well recover more quickly as their initial damage was smaller.
Jmacias34 From United States of America, joined Sep 2000, 379 posts, RR: 0 Reply 18, posted (12 years 2 months 2 weeks 6 days 19 hours ago) and read 1093 times:
Chris, just got this email from FLtops.com and it contained these headlines:
*Frontier reducing staffing by 440, cutting capacity *ATA to furlough 1,500, cut capacity by 20%
*Most airline stocks see some rebound
*Delta resumes shuttle operation using Dulles Airport
*Airline aid package approval could come soon
*AirTran pilots accept pay cut, other contract changes; company promises no furloughs
*US Airways to reduce capacity by 23%, lay off 11,000 employees
*America West eliminating 2,000 jobs, reducing capacity
*Delta raises $1.25 billion in cash
*Continental's cutbacks include end of DC-10 flying
*Wall Street, airline stocks, have rough day
*Northwest to reduce capacity by 20%
*Continental to furlough 12,000, reduce capacity by 20%
*Airspace reopens, resumption of air service to be phased in
*Analysts predicting wider losses industry-wide
Stay tuned for future updates of Flightline News from your career information
I think you would be best off to invest in Southwest...