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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 719275"><p>I wish you the best of luck. I wouldn't touch any of that with a 10 foot pole - just not my type of risk comfort. I've heard airline executives (including Boeing) speak on TV and they're not ramping up anytime soon. They expect to have massive layoffs in September when the government bailout money runs out. There are planes parked all over everywhere as flight volumes are down 90%. The Boeing CEO said he expects flight volumes this fall to get to around 25% of normal, and expects the airline recovery to take a couple years to get back to 80%+ of their old volume. But then again as we all know, none of that means that airline and hospitality stocks won't double anyway.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 719275"] I wish you the best of luck. I wouldn't touch any of that with a 10 foot pole - just not my type of risk comfort. I've heard airline executives (including Boeing) speak on TV and they're not ramping up anytime soon. They expect to have massive layoffs in September when the government bailout money runs out. There are planes parked all over everywhere as flight volumes are down 90%. The Boeing CEO said he expects flight volumes this fall to get to around 25% of normal, and expects the airline recovery to take a couple years to get back to 80%+ of their old volume. But then again as we all know, none of that means that airline and hospitality stocks won't double anyway. [/QUOTE]
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