USMCFDX

The State of the Airline Industry - Morningstar Stock Strategist Industry Reports

Good article. Interesting to look at the fuel hedging numbers.

deltabound

Excellent article. But the last three sentences kind of say it all with some high quality double-talk:

"Should investors start adding domestic airline carriers to their portfolio? In essence, we deem that the airline fundamentals are so extreme that we cannot convincingly bound our fair value estimate with a reasonable range of potential outcomes.

We reiterate to prospective investors that even though the greatest companies can be overvalued while the poorest ones can be undervalued, airlines have proved historically that bankruptcy has been a very likely long-term outcome."

Also interesting: JetBlue and Airtran, while mentioned, aren't put on the comparison lists for fuel hedging successes/failures. Hmmm ......

BoeingTanker

Very interesting. Thanks for posting it.