| From: OldAIMGuy | 8/12/2021 12:27:21 PM | | | | | | For me, JETS has been a great way to participate in the C-19 Recovery in air traffic. I'd bought well back last year at just under $14 so I've managed to do okay so far. However, I'd also expected more Take-Offs and Landings along the way. It gained altitude thru 2020 and peaked in March, 2021. Since then it's been on a slow glide path with no big thermals or wind sheers.
I need something sweeter than $19.50 to rebuild share inventory and something higher than $29.50 to shed another 10% of the holding. JETS just doesn't seem to want to cooperate, however. So, for this post, it gets a RATE of Hold, or three stars.
I also have had PK in my portfolio for much the same reason.
As shown here, they seem to have filed the same Flight Plan for much of the last 12 months. I've kept my seatbelt fastened and put my tray table up for now.
Best wishes,
OAG |
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| From: TimF | 8/17/2021 11:08:05 AM | | | | | | The value of seat space during a pandemic
by Tyler Cowen
August 13, 2021 Delta Air Lines did not sell the middle seat in 2020 during the COVID-19 pandemic.
Its principal rivals sold all seats starting in July 2020.
Delta raised its fares by 15%.
Passengers paid $23 to prevent a stranger from sitting next to them.
Delta had to operate more flights, so this was not a profit-enhancing strategy.
Here is the paper, via the excellent Kevin Lewis.
marginalrevolution.com |
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| To: TimF who wrote (1628) | 8/17/2021 11:49:47 AM | | From: Moonray | | | | Interesting, but I don't believe it was a factor in the
price of airline stocks during this pandemic. Delta's
routes are not all in competition with other airlines
and if someone wanted to fly from timbuk to tu he
would have chosen his timbuktu flights based upon
his best choices of what was available, prices, times,
and conveniences, same as always.
o~~~ O |
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