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Non-Tech : Airline Discussion Board
JETS 18.55+2.4%Dec 7 4:00 PM EST
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From: OldAIMGuy3/8/2023 1:21:00 PM
   of 1824
 
Both JETS and an airline stock, MESA, have been feeling better in 2023 so far. JETS has yet to rise enough for me to shed some inventory (target price to sell 10% of shares is $23.71) but MESA managed to trigger one sale so far. It's now hovering just below its target sell price for relieving me of 10% of my holding there. Here's how it looks. Note that January and February MESA offered healthier activity than most of the previous year.


Short selling seemed to end right around the end of 2022 and the stock shows far better accumulation since then. In the mean time they've managed to navigate some tricky turbulence with the contract changes with United and American. With air passenger travel miles on the rise and fuel prices stabilizing the last hurdle to be cleared was airline pilot costs. The recent successful negotiations of a major airline should help stabilize this expense, too.

Best wishes,
OAG
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