This and the rest of the sector going up. The only headwind is fuel costs which they will hedge the best they can. Pricing power? Hahaha I’d pay anything to travel after two years going through a pandemic and so will everyone else. TSA#’s are 85-95% of 2019. You clearly didn’t listen to Ed Bastian of Delta airlines. Stay long! I prefer UAL anyway ;)
RealMacro
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@ktaba, You listen to Ed he has your back. Good Luck!
ktaba
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@RealMacro, hey man, I listen to the gains I’ve had since buying on December 1st. I don’t care what you do with your money. Wall st looks past omicron, and they are traveling. Look at the data, demand is extremely strong and will keep going up. Even business travel will partially recover, roughly 30% of business travel was for client support, 25% was for sales or securing clients, 20% was for trade shows and conferences, 20% was for internal meetings and training, and 5% was for commuting. We assume that the vast majority of client-facing and networking travel will functionally recover to well over 90% of 2019 levels, while travel related to internal meetings and training is more likely to be replaced by videoconferencing. Last I checked people aren’t driving across the country, they will flying. Good luck! Lol
@RealMacro hey mate, have fun wasting your time and money! Hahahaha
RealMacro
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@ktaba, I will thx. As a side note. Did Ed tell you Airlines will collapse more than 30% since I posted this chart back in April 2021? Yeah, I didn't think so. Who is really wasting their time and money? Asking for a friend.
ktaba
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@RealMacro, I don’t really care what happened back then. We look at where stocks are going, not where they have been. But I am sure you know that if you consider yourself an investor right? The market sees through the pandemic, as the science has shown this variant isn’t as deadly and it will become an endemic. Yesterday for the second time already more people went through TSA compared to the same day in 2019. Data, science and stock price action doesn’t lie. Again I have 20% gains and 37% gains in cruise lines already in the last couple weeks. If you wanted to short (which I assume/hope), you are already too late from April of last year until the end of November. The variant will subside and tax loss selling has ended. These are all going up! When this hits $20 in a couple months, I’ll be back to remind you of that! Hahahaha