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Should I Buy Airline Stocks Now? Chris Johnson Explains in His "Markets Live" Session

Airline stocks find themselves in a precarious situation right now. In April, these businesses received $25 billion in bailouts from the U.S. government to continue paying their hundreds of thousands of employees. Under the terms stipulated by the government, the airlines weren't allowed to make any layoffs or job cuts until Sept. 30. The government hoped the money would be enough to tide the airlines over until October, when travel was expected to pick back up again... But that clearly hasn't happened. You see, the number of passengers going through TSA is down 74% from a year ago. The post Should I Buy Airline Stocks Now? Chris Johnson Explains in His "Markets Live" Session appeared first on Money Morning - We Make Investing Profitable . And with COVID cases surging again, it doesn't seem like this trend will reverse itself soon... Tags: Stocks to buy To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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