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Old 05-23-2022 | 10:39 AM
  #293  
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Fourpaw
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Originally Posted by Trip7
There is no airline that will be the industry darling this summer. United canceled their fair share of flights as well this weekend. This Summer will be an unmitigated disaster for all airlines. And the airline industry won't be alone. Hotels, rental cars, fuel hell even Baby Formula have incredibly significant supply chain issues. But overall these are short term issues. Over a 7-10 year period I believe Delta still will produce the strongest profit margins of the legacy carriers. The domestic network is robust and international is about to expand. Are Delta's best years behind us? Absolutely not. But the next few months will be a struggle. And Delta won't be alone. Pent up demand is Real.

Big Picture wise the Legacy Airlines have become oligopolies after a flurry of mergers. Anybody can run them and they'll make money. Outside of Black Swan events like COVID, the Legacies can make money in all cycles. Thus pilots at all three airlines are bound to do well.

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Damn your optimism. Half full glass it is!
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