EPISODE #64: Should You Buy Airline Stocks This Pandemic?
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There are 4 big players in the Philippine airline industry and none of them were safe from the disruption and business decline that the coronavirus has caused. Although they're adjusting to the 'new normal', air travel's demand is still low and that's understandable as travelling isn't our priority right now. Two of those big players, Cebu Air and Philippine Airlines, are listed in the PSE. Obviously, their stock prices are both at an all time low due to the big decline in demand because of the pandemic. I hope this episode helps you decide if it's really worth risking betting on airline companies.
\\n\\u201cBuy a stock the way you would buy a house. Understand and like it such that you\\u2019d be content to own it in the absence of any market.\\u201d -Warren Buffett
\\n#airline #cebupacific #philippineairlines #CEB #PAL #pesosmart #travel #airlineindustry #cebu #philippines
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