Traditionally, airways are inclined to aggressively increase their fleets throughout these occasions, which in flip results in overbooking, elevated competitors and fare wars, which in flip imply decrease earnings and even losses.Photograph: Caro / Schuelke, Scanpix
Many discuss with the ever-decreasing P/E ratios of such firms as a price lure, with the historical past of airline shares.
Flipping via the introduction to Benjamin Graham’s e-book The Clever Investor, you’ll have been struck by his feedback about airways.
2024-06-26 08:14:06
#Airline #shares
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