“If you want to be a Millionaire, start with a billion dollars and launch a new airline..”
..Richard Branson supposedly said some years after having launched Virgin Airways.
After some mistakes in my early trading career, where I lost money on airline stocks. Combined with understanding more about the industry, how unprofitable airlines are held afloat by governments pride in having a national airline and how this created an unhealthy price competition and inefficiencies in the industry. I concluded that the business model is dead and I should never waste money on trying to buy airline stocks on the cheap. And yet, here I am, sitting at my desk contemplating how to best write a post about why I see great opportunities in some airline stocks, one in particular.
