Originally Posted by
sanicom3205
My god, the insanity continues.
That analyst from Evercore is a clown. Seriously, do some research on these guys before buying into what they’re selling. If you won’t take the time to do it yourself, here’s a summary: Duane Pfennigwerth is wrong A LOT. And Seeking Alpha will publish anyone. Seriously, even you Christopher. Here’s the bio from that article: “I have been actively managing both my portfolio as well as that of my family for many years. Academically I have obtained a Bachelor degree majoring in Finance with a minor in Accounting with Honours IIA.”
I am actually loling right now.
AAL debt is honestly not a huge issue in this current situation. You need to stop looking at this like it’s personal finance. It’s not.
United is in much worse shape than us, and Delta is WAY more exposed than any analyst will talk about. News flash: We’re all F’ed
You do realize that actual analytical finance firms have concluded the same right? Management from several airlines and a couple MECs have hired them. They’re all pretty much saying the same thing.
And dera, I’m sorry but I see no realistic scenario where AA comes out on top. Southwest will come out on top. Followed by Delta, and some of the other majors. LCCs will probably suffer short term but their positioned to snap back quick.