Originally Posted by
Qotsaautopilot
This is why I hate the modern stock market and management for the quarter.
Last couple sentences from the article:
"The airlines are still making a lot of money, and no crisis is at hand. But investors prize earnings that are growing, and the downward drift for airlines is only getting steeper."
Earnings is decreasing but they are still wildly profitable despite the new labor contracts. God forbid we take care of our employees the people that support the economy. I hate Wall Street
I totally agree with you on those last few sentences. Almost comical really...