What are people’s thoughts on buying up the big US airlines and cruise companies which are down 60-85% currently? Do you think the likes of Carnival/Royal Caribbean cruises and Delta airlines for example have the resources to get through this crash or is it not worth the risk?
My thoughts are that even if one or all of the cruise duopoly fails, they would get a bailout. Then by summer 21/22 they could recover. It seems a naive way to think though so am looking to be educated by you experienced investors!