Saturday, March 28, 2020

Can Major U.S. Airlines Survive The Coronavirus Outbreak?

Here is the link.


70% capacity - united airline 
60% - 

frequency, stopping flight

demand, health authorities
months of disruption 

58 billion in package - Cannot buy back stock, handout to CEO, equity share etc. 

down 84.5% travel to China 

ripple effect - olders are not advised to fly 

How airline reacts in the past? 

2001 - 15 billion bailout

2008 lost 5 billion dollars 

string attached, one month, two to three months - 

Actionable Items


I just bought 20 share air canada stock AC.TO. I could not afford to purchase more shares at this time. 


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