SAVE - Airlines - Assessing Financial Stability And Investability
Image: Aircraft damian hutter
The airline industry is among those most affected by the COVID-19 crisis. As such, it was among the first to receive a bailout as part of the Coronavirus Aid, Relief, and Economic Security ("CARES") Act.
This money will help keep airlines afloat, at least temporarily, but many will still struggle over the long-haul. If you're looking to invest in airlines, you should first look to solvency, then to quality. Buybacks are gone, and dividends are prohibited, but a patient long-term investor can undoubtedly reap the rewards with a well-timed, well-placed investment.