Should You Buy an Airline Stock Which Nearly Doubled In 2016?

I don’t have a fear of flying, or a fear of heights, but I do have a fear of buying stocks that have flown extremely high during the previous 12 months. In 2016, many airline carriers’ shares booked quite modest gains, but not Panama-based Copa Holdings, S.A. , which operates subsidiaries Copa Airlines and Copa Columbia, and flies primarily in Latin America and the United States.

Iran Drops A380s in Airbus Plan as Jet Struggles for Deals

Airbus Group SE suffered a blow to its already troubled A380 program when Iran, which had previously suggested it would buy the double-decker planes, said it had dropped the model as part of a wider fleet upgrade. Iran reduced its order with Airbus to 100 planes in a contract that will no longer include A380s, Farhad Parvaresh, Iran Air’s chief executive officer, said in a press conference in Tehran.