Originally Posted by
fosters
That's because the majority of the airlines don't have a hope of making it a year, let alone the next few years.
I tend to disagree with this statement, but it's hard to argue with it today. I've turned quite bearish in the short term, but I really do think oil will retreat to $100 or less in a few months. If that happens, hopefully the guys about to get furloughed won't. I don't even have a job, but I don't want to see the industry shattered. I've had two interviews cancelled in the last five weeks, but I keep telling myself it will get better! If I say it enough, I might believe it.