Airlines are “fundamentally and structurally transformed” for Profit and Stability
Published Nov 18, 2016 on Pilot Jobs
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Investors who are famous for investing in solid companies positioned for future stability and growth have recently invested billions of dollars in the airline industry, reversing a decades old trend where they avoided the industry because of a boom and bust cycle the industry suffered in the past.
For example, investor Warren Buffet's firm Berkshire Hathaway just released SEC filings show that the company has invested billions of dollars in four airlines in the United States — American Airlines, United Continental Holdings, Delta Air Lines and Southwest Airlines, a move that United Airlines CEO Oscar Munoz likened to a "Good Housekeeping seal of approval" for the industry and his company.
The airline industry has fundamentally changed from its once intense cyclical nature to the point that American Airlines CEO Doug Parker now has stated, "My own personal view is you won't see losses in the industry at all. Our industry has been fundamentally and structurally changed," Parker said at American's annual meeting. "Things are different now.”
The former CEO of Continental airlines, Gordon Bethune agreed, "The airline industry isn't what we invested in in 1989. It's certainly transformed itself," Bethune told CNBC's "Squawk on the Street." "I've never seen it this good. ... They've got really stable fleets and are doing well.”
The Airlines are offering stable and lucrative careers flying modern aircraft to all corners of the world. The surest way to capture one of those careers for yourself is to begin flight training today with the company which has earned the reputation over the last three decades of providing the most direct path to the airline industry: ATP.