dahawaiian
Posts: 224
Joined: Thu Jun 07, 2001 12:51 pm

Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:23 am

What airline is the best to invest in at this point. I am leaning toward investing in Continental because they took the biggest hit. Anybody else have any suggestions or comments?
 
co/ba
Posts: 388
Joined: Tue May 22, 2001 1:55 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:24 am

Continental
 
CPDC10-30
Posts: 4681
Joined: Wed Feb 02, 2000 4:30 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:24 am

For heavens sake don't invest in any airline stocks...go for a put option derivative and you'll make tons.
 
greenjet
Posts: 869
Joined: Sat Aug 25, 2001 9:59 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:28 am

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...
 
CPDC10-30
Posts: 4681
Joined: Wed Feb 02, 2000 4:30 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:28 am

I have friends that though Nortel was a bargain when it first fell from $110 down to $70....now whereis it, around $7. Don't make the same mistake...thats why I reccomend a put option.
 
airbus380
Posts: 1575
Joined: Sun Jun 20, 2010 6:50 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:29 am

Continental. NYSE: CAL.
 
PanAm747
Posts: 4713
Joined: Mon Mar 01, 2004 4:46 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 6:31 am

You're young. Buy a company that you know will be around for a long time to come.

I think Delta is a prime example. I can't think of a reason why they wouldn't be around in 15 years.

Delta is very low now. As they say buy low and sell high.
Pan Am:The World's Most Experienced Airline - P(oor) S(ailor's) A(irline): San Diego's Hometown Airline-Catch Our Smile!
 
tsully
Posts: 680
Joined: Tue Mar 20, 2001 5:02 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 8:58 am

You should buy into UAL. They will certainly rebound, just wait.

I love America. I guess that makes me Bush's poodle, but I'd rather be a dog in New York City than a prince in Riyadh.
 
MAH4546
Posts: 24557
Joined: Wed Jan 24, 2001 1:44 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 9:01 am

AMR Corp. and Southwest. I've already made $400 on Southwest airline stock since yesterday.
a.
 
b727
Posts: 464
Joined: Sun Oct 24, 1999 3:19 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 9:12 am

I would buy stock in either UAL or DAL. Both airlines will rebound, but you will have to be in it for quite a while and let it ride.

B727
Glenn
 
Guest

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 9:14 am

Northwest. NASDAQ: NWAC
 
Guest

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 9:22 am

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.


Q
 
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chrisnh
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RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 10:03 am

Is ATA worth looking at because they allow their planes to be used as troop carriers? Any value in that alliance?

Chris in NH
 
NWA ARJ
Posts: 481
Joined: Tue May 08, 2001 9:54 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 10:52 am

Definitely Northwest their stock is rebounding right now and I think there will be big gains. NYSE: NWAC
Nightmare 68, Fargo Tower, Runway 36, Fly Runway Heading, Mantain 10,000, Cleared For Takeoff, Change To Departure
 
PanAm747
Posts: 4713
Joined: Mon Mar 01, 2004 4:46 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 11:24 am

ChrisNH-The government will pay back the airline, but how much I don't know. I remember PanAm got very very little for their Vietnam efforts.
Pan Am:The World's Most Experienced Airline - P(oor) S(ailor's) A(irline): San Diego's Hometown Airline-Catch Our Smile!
 
tsully
Posts: 680
Joined: Tue Mar 20, 2001 5:02 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 2:23 pm

ChrisNH,

UA is also known to transport our troops. Remeber the Gulf War? UA flew many troops over there.

-tsully
I love America. I guess that makes me Bush's poodle, but I'd rather be a dog in New York City than a prince in Riyadh.
 
jwenting
Posts: 9973
Joined: Mon Apr 23, 2001 10:12 pm

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 2:27 pm

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.
I wish I were flying
 
jmc1975
Posts: 2893
Joined: Mon Sep 18, 2000 10:57 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 2:57 pm

America West. It's a sleeper and it closed today at $3.30 per share.
.......
 
jmacias34
Posts: 363
Joined: Tue Sep 05, 2000 10:50 am

RE: Which Airline Stock Should I Buy?

Wed Sep 19, 2001 4:34 pm

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
source, http://www.FLTops.com


I think you would be best off to invest in Southwest...