/biz/ - Business & Finance

>>19335382
JETS etf is similar situation. On this i'll say try not to be too much of a contrarian. The thesis on airlines for the moment is corona hit priced in so long as they don't go bankrupt. Recovery not priced in yet. That's about where the price has settled. Now, I don't know why anyone would choose to go in hard on AAL, of all airlines to choose from, but airlines in general is a reasonable long to take right now as probability is high there will be a steady stream of increasingly positive news and traffic numbers heading in to summer. And none of them have to report the quarterly butcher's bill until mid to late July.