The ghost of BT ruled the dayToday was the ghost of BT wreaking havoc again in the financials. Got to hand it to the shorts, they played the last 48 hours like a fine tuned instrument.... again.
Tell me where the bad news was for BA? Keep in mind that we are still in the midst of a pandemic not seen in over a century that has ravaged the aeropace industry. I saw a marvelous Q4 with record jet deliveries. The job losses were not BA driven, but covid related and over capacity in now defunct divisions. One can look at their shoes or be forward looking.
Bravo to the shorts. However, with CRJ, Q400, Airbus and now the dreadful BT divisions gone, their playbook is running out of pages.