AAL - Still Valueable StockFalling stock from 2018 and COVID-19 push it more and for many Analyst it's under-performing stock but it should have a fair value and now it's below from real value. After Vaccine race it will rise for some time.
The Company's primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo.
It's not just one carrier and travel demand will be high in 2021.
Aircargo
Taking Advantage of Cargo movementCargo Airlines are taking over the skies. As commercial routes are no longer able to meet the demands of the logistics and transportations supply chain, cargo airlines are filling the gap.
In the end of last year Atlas air looked at ground 3 of its aircraft due to lack of demand with trade war tension and covid-19. As demand for cargo freighter remain high the reintroduce one of their B747 to take advantage of the opportunity.
As the price of the stock has rallied quickly looking for a retest towards previous supply zone would be a key target to secure an ideal entry price