Airlines
Pair trade: Long COPA and short GOL is still working
While many investors are loth to invest in airline equities, by employing a pair trade, investors can mitigate some of the inherent risk associated with aviation companies. Like in any other sector, it’s always a good idea to be long a thriving company and short a struggling one when creating a pair trade.
U.S. Airways & American Airlines merger has an eye on emerging markets
Shares of US Airways (LCC, quote) and American Airlines (AAMRQ, quote) have seen substantial appreciation over the past few months due to merger rumors. Now they’ve decided to tie the knot, how will the tie-up affect both profitability and the route structure to lucrative emerging markets?
Turkish Airlines continues to soar
While airlines from developed countries continue to struggle in this difficult operating environment, certain emerging market carriers, such as Turkish Airlines, are thriving.
