Americans are Flying, Airline Stocks are Not

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 8 July 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

(00:21) Asit Sharma and Dylan Lewis discuss: - How the airline industry’s focus on capacity and being able to supply more flights means fares are low, even in the face of record demand. - Eli Lilly’s $3.2B acquisition of Morphic, why it’s interested in the inflammatory bowel disease markets, and a few risks to keep in mind for the high-flying provider of weight-loss drugs. (14:39) Fool analyst Kirsten Guerra talks with Mary Long about her investing journey, and a career pivot that took her from rocks to stocks. Companies discussed: DAL, UAL, AAL, JBLU, LUV, LLY, MORF Host: Dylan Lewis Guests: Asit Sharma, Kirsten Guerra, Mary Long Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Record numbers are taking planes, trains, and automobiles.
0:05.0	Mottleful money starts now. I'm Dylan Lewis and I'm joined over the airwaves by Motley Fool analyst
0:24.0	Osset Sharma.
0:25.0	Osset, thanks for joining me.
0:27.0	Dylan, happy Monday.
0:28.0	Happy Monday, back from the holidays.
0:30.0	We are taking a look at some travel trends from the holidays also going to take a look at one pharma company building out its portfolio
0:39.2	Osset. It's our first day back from what was a long weekend for some and AAA estimated that the
0:46.4	road and air travel for the holiday weekend hit new records this July 4th were you one of the 71 million that went out of town for the 4th?
0:56.5	I thought that going to the grocery store was part of this survey if you hadn't done your groceries in two weeks but
1:03.7	apparently not so I guess I'm not included in these statistics. I think it's a
1:07.6	50-mile radius I think that's what you need to get out of to be included so it
1:11.1	depends I mean if you're if you're remote and the grocery store is that far away you can work your way in but so you stayed put for the fourth.
1:16.6	Yeah, how about you? I hung out in DC too. It's kind of nice. There's a lot of folks that come in for the
1:22.0	fireworks on the fourth. Not a lot of folks that come in for the fireworks on the fourth.
1:23.5	Not a lot of people stick around for the weekend. So it's kind of nice to have the city to ourselves.
1:28.1	That said, a lot of people did decide to travel over the holiday weekend.
1:32.4	Record numbers, as I mentioned before, on the road
1:36.0	and in the air.
1:38.1	And it's kind of easy to understand why.
1:40.2	In an environment where a lot of things have gotten much more expensive for a lot of people,
1:45.4	gas is below 2022 peaks, airfare is generally down for travelers as well.
	...

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