First, read the case The Oracle of Omaha: Liftoff or Crash Landing?
Second, answer the questions below.
1. How long would this coronavirus pandemic last? Would the general public be eager to resume traveling once the shutdowns were eased, or would consumer demand for commercial travel return slowly?
2. Have Southwest’s management team done a good enough job navigating the crisis so far, or have they led investors astray?
3. What is the long-term outlook for the airline industry, and how will its financial metrics look post-shutdown? Some metrics to focus on include total passengers, total revenue, and stock price.
4. In April 2020, should Buffett sell his shares in Southwest Airlines or buy further stock at the new reduced price?
5. Reflection –include a paragraph using finance terminology, reflecting on specifically what did learned from the assignment and how you think they could apply what they learned in the workplace or in everyday life.
Write in APA style.
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