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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: D VanSwol who wrote (6376)12/7/1998 4:22:00 AM
From: Bruce A. Bowman  Read Replies (2) | Respond to of 18928
 
That's about the clearest condensation of the airline business I've seen. Thanks Dennis!

I'm retired from Lockheed and can tell you that from a manufacturers standpoint it's equally hard to turn a profit. I was around in the '70s when Lockheed nearly went under thanks to a number of unfortunately timed incidents. You would know this, but others may not realize that the L1011 was the last commercial plane that Lockheed built. It was after they made the decision to get out of the commercial aircraft business that they started making some $$$ again.

Bruce



To: D VanSwol who wrote (6376)12/7/1998 9:42:00 AM
From: OldAIMGuy  Respond to of 18928
 
Hi Dennis, Thank you for your thoughts on the Airlines. I guess I should have said "airline mfg." as that's what I meant. So far I own no air transport or passenger cos. The only one that I've looked at with any depth is our local express airline Midwest Express. It's somewhat unique in the business in that it makes some money!!! :-)

There's Airbus and Boeing. as mfgs. We're not going to stop air travel no matter what the name of the carrier is. But they do have to replace their fleets eventually. My thought is that Boeing could be a good long term AIM stock by itself. Maybe someone will plug in their history for the last few years and see what AIM would have done.

Best regards, Tom