Originally Posted by
socrates
GE & UTC, Airbus & Boeing, Unions, AMEX and the US Government...all of the smart investors run for the hills when their caller ID says XXXX Airlines
There is a very big long term difference in return between investing in the equities and investing in the secured debt of airlines.
Lots of long term profits have been made investing in the secured debts of airlines, aggragate net losses in equities investing in the industry.