- Airline industry outperformed over the past 12 months, but it is still fundamentally unsound.
- Low oil prices and a strong economy must occur concurrently for airlines to do well.
- United is the weakest company amongst the airlines.
In this video, Nick discusses the structural problems of the airline industry and why United (NYSE:UAL) is the weakest amongst the group. He explains how airlines rely on low oil prices and a strong economy simultaneously. However, due to emerging market demand for energy, this scenario is no longer realistic.