Airlines report growth of the passenger flow. This means their revenue will be growing every quarter. But are they worth investing in now? What threatens airlines?
Colonial Pipeline put its work to a halt due to a hacker attack. Oil prices grew by 1.5%. Fuel shortage on the East Coast interrupted the work of airlines, and a state of emergency was declared in Florida.
The coronavirus COVID-19 pandemic struck the tourist industry most severely; the tourist industry, in its turn, pulled down airlines. Stocks of the world's largest airlines fell to a minimum costs and the companies started filing for bankruptcy. Passenger flow shrunk by over 80%; nowadays, airlines struggle to fill their airplanes with passengers and survive the crisis.
Today, I will reveal other aspects of risks in the sector of air transportation and give hints on how to make money on them; also, we already have the information about the income of airlines in the first quarter.