End passenger flights?

[markjay]

Vote of no confidence?

Warren Buffett's company Berkshire Hathaway sells US airline shares

The billionaire investor says he doesn't see any remaining upside in the airline industry.

www.bbc.co.uk

Warren Buffett dumps US airline stocks, saying 'world has changed' after Covid-19

The legendary investor indicates that financial markets could still have further to fall as worldwide cases edge towards 3.5m

www.theguardian.com

Buffett says he dumped entire stake in airline-sector stocks: ‘The world changed for airlines’ amid coronavirus

Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by...

www.marketwatch.com

Airlines? Buy junk bonds instead, it's a safer bet.

 

[Darrell]

Airlines? Buy junk bonds instead, it's a safer bet.

I wonder who bought them.

 

[Deleted member 65149]

 

[Petrol Pete]

I had a decorator in a property the other day, he was an airline pilot who had lost his job to the Covid-19 pandemic , so he turned to painting and decorating to make ends meet. The paint work he did on the hallway was average but the landing was great......

I'll get my coat...

 

[Flyinspanner]

I wonder who bought them.

3 directors at IAG/BA bought over £3million pounds worth of shares the day before “restructuring” was announced..... (it’s being scrutinised)
So they are pretty sure it’s going to bounce back .... they’d made 37% up till Monday....

 

[mattc]

Pity Buffett spent $32bn buying PCC lock stock and barrel 4 years ago. Mostly that group of companies supplies the aerospace sector with components. In the sector we are all about 40% down, its a real car crash and the mass redundancies have not really started yet - furlough is keeping people on life support four another month or so I guess