Jamie Baker, JPMorgan Chase senior airline analyst, discusses how the airlines are fundamentally different now. The market continues of focus on every hurdle while the legacy stocks are extremely cheap. One can almost throw a dart at Delta Air Lines (DAL), American Airlines Group (AAL), and United Airlines (UAL) and win at these levels.
Watch him take down the CNBC host on baggage fees.
Disclosure: Long AAL. Please review the disclaimer page for more details.