Positive commetary on airlines
 

On CNBC today, there was some positive commentary about the airlines. Load factors, especially for United, were surpringly better than expected. At one point, its stock price was up 16%. The commentators were quick to point out that reductions in aircraft flown played a role in the numbers for all carriers, but the numbers match well with the recent spate of earnings news offered by airlines. With few exceptions, airlines posted very nice second quarter results.

I guess CNBC and some of its commentators haven't been reading this site or they would know it's the end of days for US airlines! Just kidding, but after the last year, a little manufactured good news still is nice.

every now and then its nice to hear good news....even if its total bs

I suppose it's a bit of a Catch-22: a profitable and sustainable industry is important for the improvement of pay and working conditions. But presently, a healthy industry appears to come at the expense of jobs.

Agreed. It seems that for an airline to be successful they have to be a relatively young carrier with low operating costs. After a few decades they are all bloated with labor costs, operating expenses, and cant compete with the youngins so they wither away. Its a revolving door of "healthy" carriers, especially in regards to the domestic US market.

Here's a really interesting article on the RAH/Frontier/SWA saga. Looks like SWA is starting to fall by the wayside and RAH might be the next developing carrier.

It seems that just about every industry in America showed nice second quarter results, but almost all were the result of cost cutting and payroll reductions. Third and fourth quarter results will be a bit more predictive of the future. Like I said though, a little manufactured good news is still nice.

Good read.....................what goes up must come down...............at some point.

Yea just because things have started to stabilize doesn't mean that we are through anything. They are saying it won't be a full rebound till the second half of next year.

hehe... isn't that what "they" said last year?