Great article Shatts!!
Love the part where it says:
"A return to 30% of 2019 traffic levels when combined with loyalty fees and cargo revenues, American Airlines should reach at least 30% of Q2'19 revenues of $12 billion. In such a case, the airline would generate ~$40 million in revenues per day ($3.6 billion for the quarter) or somewhere around $27 million per day above the revenues from when the airline reported numbers at the end of April."
It also references a travel uptick with Las Vegas and Disney in Florida opening, people are going to travel. If they reach the 30% of the 2019 traffic levels, that would be huge.... I would not doubt that at some point, MR. BUFFETT would quietly return... Were in, he's out... good place to be............ His departure and message had zero effect on the stock......... That also says a lot........ Individuals stepped up to the plate and bought it up............ His shareholders are not happy campers with him.............
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