United1 From United States of America, joined Oct 2003, 6604 posts, RR: 10 Posted (7 years 4 days 10 hours ago) and read 3032 times:
Well at least one analyst feels like the airlines are doing the right thing, he is now projecting anywhere from a 40%-70% smaller loss this year at the airlines across the board, and that the airline idustry should be profitable in 2010.
Ikramerica From United States of America, joined May 2005, 21934 posts, RR: 59
Reply 1, posted (7 years 4 days 10 hours ago) and read 3021 times:
What happened to $200 oil? Only a couple months ago, everyone was convinced there was $200 oil.
Oil's had a $5 swing today, from up $2 to down $3. That pushed the airlines up 10% (and I'm sure this Lehman report helped). After being down 25% or more recently, we'll see if this is a real or temporary bump. But it would have been a good investment if you got in there yesterday.
Of all the things to worry about... the Wookie has no pants.
ZWZWUnited From United States of America, joined Jun 2008, 197 posts, RR: 0
Reply 4, posted (7 years 4 days 8 hours ago) and read 2744 times:
So what, no more gloom and doom?
I am curious, though, about the capacity of the market. Is the trend still moving towards cutting back operations? A lot of people were saying that for the market to be healthy again, at least one major would have to go as well as possibly one or two regional/medium-sized carriers...is this still the case? What is the current state of the airlines? Are they recovering from the summer's oil prices? Are airlines like US, AA, F9, YX, & UA still "on life support"?