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ASR - Why I Prefer Buying Airports Over Airlines At These Prices
Grupo Aeroportuario del Sureste S.A. de C.V.
Given the significant dip in prices of anything related to travel during the COVID-19 coronavirus outbreak, you have not surprisingly read and heard many views on airlines, hotels, and even cruise lines. Airlines may be some of the riskiest of these, as many don't own their planes, face steep competition pushing down how much they can charge on the revenue side, and often remain fully exposed to labor, financing, oil, and airport slot costs on the cost side. While an airport will often have several airlines competing to pay for its landing slots, many