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NASDAQ:AAL
Feels there is a trading catalyst to own an airline here. There has been some consolidation in this space. Traditionally these are not well run businesses but there is less capacity now, fuel is moving up and surcharges can be passed on. If they can manage those earnings and can guide the street conservatively, a case could be made for them. If you start to see passenger trends roll over, it would probably be time to sell.
He was in Delta for a while. AC-T is cheaper and he prefers it. He is out of the group in the US as there is government investigation of price collusion.