Why Investors Should Give Airlines a Second Chance

From the late 1970s into the late 2000s, the airline industry performed abysmally, and investors across the board tended to stay away from airline stocks. But recently, Warren Buffett -- who had famously called the airlines a "death trap" -- invested some $10 billion in the industry, and many investors are starting to take a second look at airlines.

In this segment from Industry Focus, analyst Sarah Priestley and Motley Fool contributor Adam Levine-Weinberg explain the history of the airline industry, how it looks today, how it went from a "death trap" to what looks to be a new turnaround period, and what investors need to know about the industry.

A full transcript follows the video.

Source: Fool.com