$9.90
0.00 (0%)
Northwest Airlines Corp (NWA.DL)
CAPS Rating:
The Company is engaged in the business of transporting passengers and cargo. The Company's business focuses on the operation of a global airline network through its strategic assets.
RSS Headlines
Fool UK
Recs
Huge capacity cuts are coming one way or another. In this basket trade I am fully expecting at least 2 90% losses, but believe they will be more than overcome from the upside to the survivors. If, as I suspect, oil and jet fuel spreads give up a moderate portion of their current levels, the upside is quite large for the whole basket of airlines and the 1 or 2 expected bankruptcies may actually be avoided.