just wondering about opinions, my assumption is that the smart guys at the financial firms have updated their models of the industry market share and AAL pro-formas and have considered all of these issues, but maybe not. Average estimate is still above 40 sooo.... hopefully this is properly balanced.
He doesn't cite the $425M sale from the Reagan docks to Jet Blue, etc., nor the (future) additions of 10 daily flights to China which are suppose to be a 7% profit vs domestic 5% ... But given what he said, I had an order for 1500 more shares which I cancelled in hopes price will go down more.
Motley Fool, Seeking Alpha, etc are all just message boards with spell check ... cheap source of news for yahoo. And you ought to consider the timing of a "negative" article right after the distributions and new highs.
The article was mostly generalizations. Sure you can wonder about LUV, but Parker has dealt with LUV before. Same with JBLU, or DAL ... but all three of those have to worry about AAL too. And the article talked about the rise in AAL's stock as if it was the only airline stock that rallied. The whole industry continues to hit new highs. And I can add that it is not out of line in valuations relative to other airlines ... the article did not discuss that.
I guess the author missed out on the airline industry's rise in market caps (his area of expertise ... oooops)