PPRuNe Forums - View Single Post - IPO- Contract Aviation Industries (AirWork/Alliance)
Old 28th Nov 2011, 16:10
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Cactusjack
 
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Interesting timing indeed. But the reality is that even though Scotty and co will now be able to bring forth their retirement plans effective immediately, airline investing is a dud. Although completely different structures to Alliance Virgin and Qantas shares are nowhere near what they were floated at. Airlines are one of the highest risk/poorest return investments going.

The resource sector is what helps airlines like Alliance thrive at the moment, but how can anybody predict the next 12 to 36 months? The economy is on a knifes edge albeit the resource sector, China is slowing and the worlds economies are collapsing. I have seen this all before and reckon that airline investing for mum and dad investors is just like the toffee coated turd, once you lick the top layer of toffee off it is just shisen underneath!
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