XAL JETS Airlines Are Way Overvalued
FRED:CUSR0000SETG01
Consumer Price Index for All Urban Consumers: Airline Fares in U.S. City Average
More debt - lower airfare prices - lower load factor- higher Jet fuel costs is a recipe for disaster.
Factor in high unit labor costs thx to 6.8% Inflation, higher interest rates. and the situation
even gets worse. Even if Airfare prices rose to 2019 levels.
A perfect example of what a Zombie company is. Seeking to stay afloat and pay down debt
rather than grow and maximize profits.
Price is what you pay value is what you get.
Factor in high unit labor costs thx to 6.8% Inflation, higher interest rates. and the situation
even gets worse. Even if Airfare prices rose to 2019 levels.
A perfect example of what a Zombie company is. Seeking to stay afloat and pay down debt
rather than grow and maximize profits.
Price is what you pay value is what you get.
Real Macro Economic Investing
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