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.
Disclosure: I have no positions in any stocks mentioned, but may initiate a short position in UAL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.