Hmm. Wonder which airline is in the strongest position to rebound after this trough. Seems unlikely that air travel will stay collapsed for longer than 18 months. Is there an airline industry ETF?
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Depends in part on what forbearance agreements can be negotiated with creditors.
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I havnt looked at balance sheets but in general these companies have been borrowing money to buy back stock. Forget the corona virus. Bankruptcies are coming which will further soften demand
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