Returning tourism won’t save airlines from coronavirus

I wrote for Abacus in late April about how I thought equity investors would start to shift their investment strategies out of “growth stocks”, and that we would see a return to “value stocks” for longer-term outperformance and steady income. Particularly vulnerable are companies catering to rising mass tourism, especially those involved in the manufacturing of aircraft, aircraft parts and the long-term aftermarket for servicing and repairs. With Airbus and Boeing constituting a duopoly that…

Read the original article at South China Morning Post