Mixed outlook for Atlas
09-20-2011 | 01:21 PM
#12
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Joined: Apr 2007
Posts: 1,292
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From: 747
Does this analyst really think that the management team at Atlas had not thought this through?
Does he think when the 747-8 arrives that the Atlas boardroom planning will start? "Were getting new airplanes! Oh, wait, what do we do with our old ones?"
The management team at Atlas is very talented. I would be surprised if they do not have every single aircraft in their current and future fleet contracted with customers already.
The only aircraft placement risk that I could see Atlas having would be their exposure to customer contract renewals.
Does he think when the 747-8 arrives that the Atlas boardroom planning will start? "Were getting new airplanes! Oh, wait, what do we do with our old ones?"
The management team at Atlas is very talented. I would be surprised if they do not have every single aircraft in their current and future fleet contracted with customers already.
The only aircraft placement risk that I could see Atlas having would be their exposure to customer contract renewals.
... and that Wall Street idiot - probably makes 400k coming up with bull hockey like that. Like consultants, he doesn't even have to be right to get paid.
8
09-21-2011 | 08:50 AM
#14
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09-21-2011 | 09:25 AM
#15
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Joined: Sep 2009
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From what I understand, the overall demand for air freight is down from the robust recovery ahead of the overall economy in 2010. So that may be a bit of the reason the stock has fallen recently. I would also guess that Cargolux's decision to refuse delivery of the 747-8 because of "performance issues" also is causing a decline in the Atlas stock. Finally, investors overall are very skittish and are worried about Europe and trading a lot on emotion rather than fundamentals.
I think Atlas stock is a bargain right now. With that said, if investors look at the P.E. ratios, most U.S. stocks are a bargain right now.
I think Atlas stock is a bargain right now. With that said, if investors look at the P.E. ratios, most U.S. stocks are a bargain right now.
09-21-2011 | 01:14 PM
#17
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Joined: Jan 2008
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UPDATE 1-Atlas Air cancels orders for 3 747-8F freighters | Reuters
This could explain a sudden drop...
This could explain a sudden drop...
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