Quote:
Originally Posted by Bigtime
I wouldn't touch airline stock with a ten foot pole.
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The original investors in Westjet laugh in your general direction while they swim in their mountains of money.
In short: No Westjet does not have a monopoly and any wise investor would probably not invest in an airline.
However if you had to choose an airline to invest in, Westjet should be numero uno.
I don't really follow airline stock and stuff like that, but I seem to remember that during the downturn, when airlines around the world were bleeding money as they usually do, Westjet still turned a modest profit. I could be wrong though.