Sector Review Since the Financial Crisis: Airlines
This article focuses on the airline sector, and will be the first sector in which Stone Fox Capital neither owns a stock or expects to purchase a stock in the near future. Airlines have long been the suffering industry in the US market, and that doesn't appear to be changing. While several of the larger companies were able to reduce debt via bankruptcies in the 2000s, the companies still struggle with heavy competition and have a difficult time with passing on higher costs. The fear of ever higher fuel costs down the road and strong labor unions latch onto any profits and make the industry uninvestable.
Read the full article at Seeking Alpha.
Disclosure: No positions. Data sourced from Yahoo Finance. The information and data is believed to be accurate, but no guarantees or representations are made. The information contained herein is for informational purposes only and should not be relied upon as advice.