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Zacks Investment Research
Saturday, April 13, 2024 2:20 PM EDT
On April 10, Delta Air Lines initiated the first-quarter 2024 earnings season for the airline space. This Atlanta-based carrier reported better-than-expected earnings per share and revenues driven by the buoyant air-travel demand scenario.
Airline Stocks Surged To All-Time Highs When Oil Was Trading Above $100/Barrel
What about Boeing? $BA
Stock Chart Boeing Buy
#Boeing was facing so much trouble even before the pandemic started. I think it will be a long time before $BA recovers. But it will recover.
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I don't see why anyone would invest in airlines like $BA or cruise lines right now. It will still be a long time before those companies have any sense of a recovery.
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I couldn't believe the chutzpah of #Boeing to ask for a bail out, but then complain the offer wasn't good enough because it might actually cost them something. They may turn it down. If they can afford to turn down the bail out, they obviously don't need it. $BA
talkmarkets.com/.../boeing-wants-a-massive-bailout-from-the-us-government-but-only-on-its-own-terms
Boeing Wants A Massive Bailout From The US Government, But Only On Its Own Terms
Sounds more like #Boeing simply has better alternatives. They don't want to give up any equity to the government in exchange for a $BA bailout.
Boeing Wants A Massive Bailout From The US Government, But Only On Its Own Terms
This is ridiculous. How can #Boeing say they will go out of business unless the gov't bails them out, but then turn around and say they'll reject the bailout if it costs them anything? If $BA CAN say no, then obviously they aren't really at risk of going under. In which case, no bailout should even be offered. Give the money to those who actually need it! #AirlineBailout
Boeing Wants A Massive Bailout From The US Government, But Only On Its Own Terms
#Boeing apparently wants to go out of business. $BA
Boeing Seeks 'Tens Of Billions' In Bailouts After Fully Drawing-Down $13Bn Credit Line
At the end of the day, #Boeing is too big too fail. $BA
Boeing Follow-Up: A New 737 MAX Safety Issue Is Discovered
Boeing will certainly recover eventually. I would think this is a buying opportunity for $BA.
Why I Won't Be Buying Boeing
#Boeing is down now because of of the 737 MAX crashes. But $BA is a great company overall and it will eventually rebound as the memory of those tragedies fade and new successes come to light. But it will take time...