Posted by younginvestor92 > 2016-11-15 14:32 | Report Abuse

He had said before that he's going into high capital expenditure business because he is holding large amount of cash pile and had no choice but deployed into average business because it's still better than the bond's yield.

Posted by PlsGiveBonus > 2016-11-15 14:37 | Report Abuse

Warren Buffett cannot be trusted one
His flip flop is top notch

Posted by ronnietan > 2016-11-15 14:55 | Report Abuse

One thing that has not changed in this region is our airlines have to take massive USD loans, and also national airlines that are subsidised by taxpayers. For US airlines, borrowing in USD does not lead to a forex timb bomb.

Posted by Ricky Yeo > 2016-11-15 14:58 | Report Abuse

Consolidation in US airline industry result in improvement in return on capital