I just wanted to see how often (roughly) bonds (zb - black line) and equities (es) move in the same direction.
Blue - move in opposite direction up or down
Red - move in the same direction down
Green - move in the same direction up
Stable sales last 5 years, good 45% GM, no net debt, cash flowing. If they could only control expenses and capex and show better sales growth. Maybe a take private would make sense. Seems worth the risk for entry in the $8s-$9s.
My thinking is that the shortfall of capacity among airlines due to withdrawal of 737 max from service may actually lead to increase in ticket prices as demand from customers grows through the summer. I'd speculate that earnings and margins actually improve for all airlines.