View Single Post
Old 07-17-2010, 01:01 PM
  #43489  
scambo1
The Brown Dot +1
 
scambo1's Avatar
 
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Default

Originally Posted by johnso29 View Post
Yeah, fall is always slow.
------------
I think what he meant in a subtle way was that when airlines are profitable, future fares are raised because lack of capacity allows you to squeeze the consumer.

In this case the airline is going to have a profit but announced a fare sale indicating weakness going forward. Airlines are a leading indicator typically of economic slowdown.

IOW lets not all get bullish on the economy.

Or I could be reading in too much,but this is what I came up with on my own.
scambo1 is offline