Originally Posted by
Probe
Being a financial analyst is an entry level job, straight out of college. They do not have the life experience to have lived through 3-5 up and down cycles of the economy, and remember them. Let alone the even bigger up and downs of the airlines, due to over expansion and over capacity.
JSLED: How is that new pool coming along?
HA! No pool for me. There's better than a foot of snow in my backyard. I believe because of the consolidation we've seen, airlines are different now. They are somewhat recession proof. BUT, that is just my belief. I also once believed Western Pacific Airlines was a good investment!
AND we've had an incredible run... March will be 7 years of economic expansion. SO, we shall soon see how recession proof airlines are. I think watching with industry leading rates was a wise choice. An easy choice.
Sled