Quote:
Originally Posted by Discuss Thrower
Basically, going long on airlines is betting on "business as usual" within this calendar year.
That ain't happening.
You're burning cash on that assumption. It's your money, but if I were managing it, I wouldn't touch airlines.
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So, your position is that people will not resume normal travel for at least another 8 months? I suppose this is possible, but I'd say not probable.
By the way, you can buy a plane ticket to Wuhan starting on April 26th....it's expensive as hell, and who knows between now and then if they actually fly or not, but apparently somebody expects to be back in business flying to the epicenter by then....