01-09-2015, 12:45 PM
Airlines are something that I have stayed away from for the most part. Investors like Buffett and others have hated and do not recommend airline companies. I cant remember who said it, but there was a quote about the airlines industry that (I am paraphrasing) "its hard to get labor concessions in bad times, and the unions have a tendency to push for greater profit in good times".
Having said that, I think airlines are good for traders who bank on the quick swings - esp when coupled with rise/drop of oil prices. For long term DGIs, Im not so sure.
Having said that, I think airlines are good for traders who bank on the quick swings - esp when coupled with rise/drop of oil prices. For long term DGIs, Im not so sure.