*thinking out loud here*
Question for anyone who wants to offer their opinion? (Yes, I understand that's a broad statement on an anonymous web board.)
1) Oil is trading in the lower $70 range, ($71.56/bbl as of 1310EST)
2) Demand for air travel is returning as the "U.S." economy improves,
3) Capacity will "hopefully" follow closely behind the required "demand",
4) Barring anymore "natural disasters" (i.e. volcanoes/tsunami's) or the European economy "tanking" like ours did the last year and a half (reference Greece economy and its effect on our stock market the last few sessions),
Are we not poised to make a larger than expected profit this next quarter, leading to more "gains" in future contract negotiations? Or am I missing something?
Thanks for anyone's business minded input. Probably getting prematurely excited about the future of Delta Air Lines and how well positioned we are, but things are looking "good" as far as what I see.
Fly Safe,
GJ