U.S. Airline Stocks: Bargain-Hunters' Dream or Falling Knife? [View article]
Nice article Mark.
Considering the airline industry hasn't been profitable over its entire history, I fail to see the significance of the Price/Rev ratio. When companies the likes of Pan Am, TWA and Eastern all go out of business and with Delta and NWA just emerging from bankruptcy, isn't the bottom line what really counts when looking at the Airlines?
U.S. Airline Stocks: Bargain-Hunters' Dream or Falling Knife? [View article]
Considering the airline industry hasn't been profitable over its entire history, I fail to see the significance of the Price/Rev ratio. When companies the likes of Pan Am, TWA and Eastern all go out of business and with Delta and NWA just emerging from bankruptcy, isn't the bottom line what really counts when looking at the Airlines?
Curious for your takes Mark and Victor.