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Southwest Airlines - The News That Wasn't

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  • Southwest Airlines plunged on fears of capacity additions.
  • The market apparently over reacted to news of a slight capacity increase from previous expectations.
  • The fears of a pricing war provide an opportunity to own one of the best airlines.
The airlines were absolutely crushed during trading on Wednesday. Several events collided to create a panic causing some of the airlines to plunge up to 10%. Whether or not the news of the day was material, the media was full of market pundits referring back to the airline industry of old without justification.

Read the full article at Seeking Alpha.


Disclosure: Long AAL. Please review the disclaimer page for more details. 



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