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CTTRF - Centro Norte Auckland Vinci: Investing In Airports While There Is Blood On The Tarmac
Controladora Vuela Cia De Aviacion - Class A
Two years ago, I presented an overview of investable airports around the world and explained the rationale for investing in this space: airports are strong businesses with a wide economic moat, whose growth is underpinned by robust macro trends. No matter how strong the trends, though, airport stocks have been beaten up of late, as they are being faced with the single biggest risk to this sector: a global pandemic.
While there's no doubt that Covid-19 and its fallout will pose a huge challenge to airports, the current valuations look attractive for investors who take