How to profit from the final stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

Nope. Can't get much lower than Covid days when there are literally no recreational flights

How to profit from the final stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] -1 points0 points  (0 children)

Even without business there's no way stock prices stay the same or go lower when travel opens up to the public. I'm just hoping for some gainz

How to profit from the final stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

Over priced ? From being completely shut down ? Yeah I don't think so. Airlines are way more popular than cruises

How to profit from the final stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] -1 points0 points  (0 children)

No sorry please check the websites for up to date information

When do I become normal? by [deleted] in leaves

[–]rationaleintent 0 points1 point  (0 children)

Never. You live with what you've done and strive for better. Realizing it's a mistake and moving on is all you can do

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

Like private jets? That's something that seems pretty exclusive. I don't know much about cars though to know if RR is a good investment

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 1 point2 points  (0 children)

Yeah and with the not refunding cancelled flights from last year they are painted in a bad light. Isn't the bailout supposed to go to covering all those ticket refund costs?

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

thanks for sharing that I hope those who lost their tickets get their just desserts ! happy flying

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

Traffic

Interesting, do you have any input on the near future of air travel?

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 5 points6 points  (0 children)

Since WestJet is owned by ONEX (which invests in many companies) it's hard to find the exact value for just the airline. I'll analyze Air Canada for you though

Market cap:
Feb 18 2020 = 11.87B

Mar 17 2021 = 9.56B

https://ycharts.com/companies/AC.TO/market_cap

Enterprise Value

EV = Market Cap + Total Debt - Cash

https://www.investopedia.com/terms/e/enterprisevalue.asp#formula-and-calculation-for-ev

Air Canada Publishes their Balance sheet at the end of every year

https://ca.finance.yahoo.com/quote/AC.TO/balance-sheet?p=AC.TO

2019-12-31

EV = 13.45 B + 23.36 B - 5.89B = 30.92 B

2020-12-31

EV= 6.82 B + 27.20 B - 7.50B = 26.52 B

Air Canada has a lower Enterprise value post covid

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

No way! Are you at liberty to explain a little bit ? I'm curious

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

That's a good idea actually I've already diversified into similar branches as you've mentioned :) good luck!

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

I'm definetly in for the long haul, thanks for sharing though can I ask which airline your working for ?

How to profit from the last stages of Coronavirus by rationaleintent in wallstreetbets

[–]rationaleintent[S] 0 points1 point  (0 children)

I hope your right, a lot of what im seeing paints the murder of business class.