Posts: 92
Joined: Sun Feb 25, 2001 10:41 am

USAirways Stock

Thu Aug 02, 2001 1:06 am

Airline stocks seem to fall in the cyclical category because of the spending habits of big business in the various regions of the business cycle. JetBlue, when it becomes a public company, seems to be a solid investment but US Airways has also caught my eye. Likely not to fall any lower than its current price on the heels of the DOJ's refusal to approve the UAL merger, it seems that US Airways has nowhere to go but up. Many on this board have mentioned its favorable balance sheet as an indication of its potential for success in the future. If not, then, US Airways remains a viable candidate for a larger airline to purchase. Am I correct in believing, then, that this would be an intelligent investment opportunity?
Posts: 11664
Joined: Thu May 27, 1999 3:30 am

RE: USAirways Stock

Thu Aug 02, 2001 1:38 am

Personally, i think it is, and I'm considering a purchase. However, I'm not sure I'd use this board to get advice on this or any stock.  Big grin
Posts: 968
Joined: Sun Dec 05, 1999 7:03 am

RE: USAirways Stock

Thu Aug 02, 2001 1:59 am

US Airways has an AMAZING balance sheet with something like $1.6B USD in cash, a fleet of brand-spankin' new planes that are about 50% outright owned, and a great line of credit available to it for upwards of $500M USD.