Safety Steps for Airlines, Movie Theaters
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 24 August 2020
⏱️ 18 minutes
🧾️ Download transcript
Summary
Airline stocks rise on encouraging numbers from TSA and a green light from the EPA. The largest movie theater chains in America team up to create “CinemaSafe” protocols, but will audiences return? Bill Barker analyzes those stories, plus we dip into the Fool Mailbag to discuss what to do when one stock becomes 40% of your portfolio.
Transcript
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| 0:00.0 | It's Monday, August 24th. |
| 0:04.0 | Welcome to Mark Fuller. |
| 0:05.0 | I'm Chris Hill with me today. |
| 0:07.0 | Kicking off the week, it's Bill Barker. |
| 0:09.0 | Thanks for being here. |
| 0:10.0 | Thanks for having me. |
| 0:11.0 | We are going to dip into the full mailbag, |
| 0:13.3 | but we're going to talk about the business of safety |
| 0:16.1 | and we're going to start with air travel. |
| 0:18.8 | The airline stocks are up this morning |
| 0:21.5 | because the EPA has given American Airlines the green light to use a |
| 0:26.3 | new surface coating that kills the coronavirus. EPA officials say the coding inactivates viruses and bacteria within two hours and is effective for up to seven days. |
| 0:39.0 | This comes on the heels of a Sunday, which according to the TSA, |
| 0:44.4 | was the second most travel day since the pandemic began, |
| 0:51.2 | still down more than 60% year over a year, but trending upward. |
| 0:56.1 | And this makes sense to me that American Airlines, Southwest Airlines, Delta, they're all up 5% or more. |
| 1:05.0 | Yeah, I think it's probably more on the basis of the data on how many people are flying |
| 1:12.0 | than this EPA announcement possibly that having only |
| 1:19.0 | been granted to American Airlines and it raises some questions in that American Airlines is allowed to use |
| 1:29.2 | this in the state of Texas. That's who has been granted the exemption and so they're not allowed to apply it outside of Texas and you know I just don't know that there's enough detail on what this is to get that excited about |
| 1:48.1 | it specifically. |
| 1:49.1 | It is in the news. |
... |
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