The key point for me as a long-term investor in looking at International Consolidated Airlines Group’s (LSE: IAG) share price is how it performs over 30 years. This period describes the standard long-term investment arc, beginning around 20 years old and ending in early retirement options at about 50.

During that time, a stock will face many risks, as IAG is now facing from the conflict in the Middle East. Its jet fuel costs will rise alongside increases in oil prices. It will be forced to take longer routes on some trips to avoid trouble spots. And several major tourist destinations will effectively be closed.

But ultimately, I believe it has the solid fundamentals to recover and to do…