Originally Posted by
6ix9ineYearFlow
Very good point. That is definitely not a vote of confidence for the state of the industry. Delta is as close to ‘investment grade’ as airlines go and their issuer credit was just downgraded to ‘junk’ by S&P Global Ratings.
Why do I keep logging onto this website lol. As if things couldn't have gotten much worse, we now have one of the greatest investment minds of all time dumping shares, after he already took losses. That is VERY bad news, like VERY. I am way less confident about things now that this news has come out.