Govt won’t let airlines go out of business. Too essential.

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Apr 4, 2020
10:12:59am

Triznaynay All-American

Govt won’t let airlines go out of business. Too essential.

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Triznaynay

Bio page: Triznaynay
Joined: Aug 29, 2007
Last login: May 10, 2024
Total posts: 24,469 (4,826 FO)

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Messages

Author

Time

Might be a good time to buy Carnival Cruise stock if you can buy and hold

kansascougar

4/4/20 9:56am

Yep, been dropping a little here and there on it.

ordinary tri guy

4/4/20 9:56am

Or they'll declare bk

4/4/20 9:57am

This was my question. What are their finances like? I am guessing their boats

cougarfann888

4/4/20 9:59am

Maybe, but maybe not. Bankruptcy will cancel your shares.

grosven

4/4/20 9:59am

Yeah I'd say the odds of bankruptcy are pretty high.

Harbinger

4/4/20 10:07am

Maybe not full but just protection to get through this period.

ordinary tri guy

4/4/20 10:13am

Airlines will give you almost the same return and are much safer. IMO

allaboutthegainz

4/4/20 10:07am

Govt won’t let airlines go out of business. Too essential.

Triznaynay

4/4/20 10:12am

Totally agree.

kansascougar

4/4/20 10:13am

Not all airlines may survive, but some will. Cruise lines, on the other hand...

ReyOso

4/4/20 10:53am

If I remember correctly. Airlines are able to get bailout help. Not cruiselines

flyzag

4/4/20 10:55am

Berkshire Hathaway just dumped a bunch of airline stock

4/4/20 1:24pm

At huge losses, very rare.

grosven

4/4/20 2:04pm

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