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Strategies & Market Trends : Dividend Growth Investing and chit chat.
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To: chowder who wrote (1914)1/5/2022 4:32:44 PM
From: Top Of The World Ma1 Recommendation

Recommended By
Fredbean

   of 2146
 
Re: BA

Yep I heard that to about BA inking that deal with Allegiant. They also said Allegiant was a former Airbus customer. That sounded extremely bullish for BA....Until it was mentioned that Airbus had recently signed new contracts with TWO former BA customers (Not sure who they were).

I don't follow or have any position in either but that sure made me think that BA must have really made some sort of concession to land that contract, something we're not aware of at this time.

But your right, I think when they announce earnings and forward guidance we'll have a better idea of what to expect going forward. I wouldn't be expecting much though, at least that's what my gut is telling me.
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