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Warren Buffett sold his entire stake in airlines

Airlines and hotels can sell their seats and rooms in advance at a huge discount to get the cash flow going. Or in a partnership, seats plus rooms. That i believe was how ryanair and airasia started.
This is exactly the deferred revenue portion in airline financial statements that they need to refund to customers now because of the coronavirus aka if the airlines do have not enough cash to refund they will bankrupt.
 
SIA shares lao sai today and ended at $4.40 due to issuance of rights.

did the resident cheapo whore Ginfugly buy in?
Only your filthy mother is whore. Pui your filthy whore mother wife daughters phua cb.
 
People will attack your yellow pussy?
Didn’t you self admitted to be yellow Malaysian Chinese? Hope your yellow pussy liar son of whore family kena racist attacks when overseas and that’s called karma.
 
This dry season is only for a couple of months. If they shut during those months there is no cost of operations. Just the money to pay loans or lease. The workers are on no pay or half pay leave thus conserving cash.
And on top of this, KL just announce moratorium of loan payment for six months. That means businesses conserve even more cash.
That’s not true. They need money to refund the tickets sold in advance that are cancelled now. Should be a lot isn’t it? And SIA pilots got go on full no pay leave? They only took four or five days no pay leave in a month according to March news.
 
That’s not true. They need money to refund the tickets sold in advance that are cancelled now. Should be a lot isn’t it? And SIA pilots got go on full no pay leave? They only took four or five days no pay leave in a month according to March news.
And I watched a YouTube video before saying planes still need to be properly maintained when parked if not there is danger. Makes sense indeed and that means still got operation costs on maintenance.
 
Adding additional pressure to the already fragile industry
This is called freedom of speech and high class people like me use facts to get justice from countries companies and people that have harmed me - just like what USA is doing to China now - unlike you lowly liar sons of whores spewing evil filthy lies of me to do injustice to me when I have not done any harm to you liar sons of whores.
 
That’s not true. They need money to refund the tickets sold in advance that are cancelled now. Should be a lot isn’t it? And SIA pilots got go on full no pay leave? They only took four or five days no pay leave in a month according to March news.
Ya why continue to pay the high pay pilots when no or hardly any planes flying? These pilots should contribute as high salaries earner to go on no pay leave for at least 20 days per month just like united airlines.
 
This is called freedom of speech and high class people like me use facts to get justice from countries companies and people that have harmed me - just like what USA is doing to China now - unlike you lowly liar sons of whores spewing evil filthy lies of me to do injustice to me when I have not done any harm to you liar sons of whores.
I support USA to get justice from China. So sickening for some chinese to always turn a blind eye to crimes and advocate covering up of crimes.
 
I support USA to get justice from China. So sickening for some chinese to always turn a blind eye to crimes and advocate covering up of crimes.
That’s exactly what happened to me. Chinese either pretend no see or joined in the crimes that filthy Malaysians and Indians did to me smearing and insulting me a virgin as slut whore mistress since 2013 until today.
 
That’s exactly what happened to me. Chinese either pretend no see or joined in the crimes that filthy Malaysians and Indians did to me smearing and insulting me a virgin as slut whore mistress since 2013 until today.
So shameless and shameful behavior.
 
I support USA to get justice from China. So sickening for some chinese to always turn a blind eye to crimes and advocate covering up of crimes.
Some is an understatement. 99.99% more like it
 
This is called freedom of speech and high class people like me use facts to get justice from countries companies and people that have harmed me - just like what USA is doing to China now - unlike you lowly liar sons of whores spewing evil filthy lies of me to do injustice to me when I have not done any harm to you liar sons of whores.
Company that produced and valued sluts and sons of sluts employees accusing others sluts based on nothing but their filthy mind and mouth is not worthy to be saved. A stupid company culture that promoted misogyny and protected woman employee filthy Indian slut accusing others kt latha to attack aother woman employee using sexual remarks is disgusting and not national pride.
 
Company that produced and valued sluts and sons of sluts employees accusing others sluts based on nothing but their filthy mind and mouth is not worthy to be saved. A stupid company culture that promoted misogyny and protected woman employee filthy Indian slut accusing others kt latha to attack aother woman employee using sexual remarks is disgusting and not national pride.
Even the air stewardess uniform is a display of the misogyny culture.
 
Going by Warren Buffet's move, if he shuns the travel industry , he must believe that the covid 19 is here to stay for a while. That the coronavirus will continue its path of destruction to the travel industry as long as a vaccine is not available. I can't blame him or Charles Munger for the move. They know that at their age, they have their own demons to deal with. Afterall, fear , especially when personal life is at stake is still a very strong factor in investing.
 
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If you ask me, what he will do with his $137 billion of cash on hand, the contrary move to shunning the travel industry will be the medical industry... anything to protect people's lives. That 's where he will put his money in ... and it is going to be a big one.
 
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