Originally Posted by
inline five
People are assuming profits will go ape next year. I'm not so sure. Yes oil prices are down but so is the overall market for oil, demand has dropped tremendously. Europe and Asia are weakening as is our Mecca, Texas. Latin America traffic has dropped off the cliff.
Domestically the U.S. is OK overall for now helped by the extra oomph of cheap gas but that could go either way. SWA increased traffic in DAL 13% alone in one month while ours dropped 1% in the same month. Our domestic strength is non-existent in the face of LCCs and ULCCs. We need a strong world economy to be profitable unlike SWA.
No. AA will make the most it's ever made in 2015. No paranoia or fear factor, this isn't 2007, and voting out of fear is the worst thing you can do. This the the greatest period of economic prosperity in the history of the airline industry.