Originally Posted by
georgetg
Oil, the new excuse is the Euro debt crisis averted means oil goes up because the Euro economy improves
where the metric fails is that when the Euro zone economy falters so do the shares of the international carrier that serve it.
Delta has figured out how to pass along the fuel cost in ticket prices, so economic growth in Europe should bode well for us...short term stock hit aside.
Cheers
George
The have only passed 85% of the increase in jet A prices to the customers. As far as I am concerned, they still have to pass on that other 15%. We are still subsidizing our customers and their travel.
On our stock plunge, It will come back until Iran blows up.