Airline Investors: We’ve Been Here Before

Alan Joyce, CEO of Australia’s flagship carrier Qantas Airways, has never seen anything like it. The economic impact of the COVID-19 pandemic has been “the single biggest shock that global aviation has ever experienced,” he said in a recent memo to the airline’s 30,000 staff members.  Joyce’s message rings loud and clear. Due to global … Continued

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Buy an Airline ETF or Individual Airline Names?

The International Air Transport Association (IATA) estimates that the COVID-19 outbreak could cost the global airline industry more than $133 billion from canceled and postponed flights. For those considering jumping into the airline space while stocks are down – is an airline ETF or individual airline stocks the way to go? Will Ashworth, InvestorPlace contributor, … Continued

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The Only Airline ETF

Weighing in on the negative punch airline stocks have suffered since the COVID-19 outbreak, head trader at U.S. Global Investors Michael Matousek posed the questions: Are people going to stop going on vacation? Will businesses stop travel in perpetuity? Matousek says no, and that airlines are “oversold based on people’s fears.” Summer is just around … Continued

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One Carrier That Stands Out From The Rest

Investors might be wondering which airlines are positioned to suffer the smallest blow from the drop off in travel. Barron’s points out that JetBlue could be impacted by less than other carriers due to two key factors: 1) It does not fly the grounded 737 MAX jet, and 2) It does not have direct exposure … Continued

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February 2020 Market Recap

Gold had a wild month in February – skyrocketing toward $1,700 an ounce on fears of the coronavirus spreading, then falling below $1,600 an ounce after global equities took a big hit at the end of the month.  Meanwhile, the airline industry fell even more under pressure, led by the halt of air traffic in … Continued

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