I watched that segment and have heard similar from other guests that the airlines are too capital intensive and therefore not worthy of investing in. I was surprised in how dismissive he was of the airline industry.
We have to remember that these guys are not going to give away specific information or not before they are in the game. Remember, these guys were caught out by the GFC (check your super funds) and their free advice is simply that, free. You know what they say about free advice.
VBA Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held