Positive commetary on airlines
08-04-2009 | 11:36 AM
#1
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From: CFI
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.
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.
08-04-2009 | 12:31 PM
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From: 737 Right
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.
08-04-2009 | 01:20 PM
#4
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From: 320 CA
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.
08-04-2009 | 01:53 PM
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From: CFI
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.
08-04-2009 | 02:38 PM
#6
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From: AA Airbus
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.
08-04-2009 | 04:17 PM
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From: MD80
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.
08-05-2009 | 01:04 PM
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From: 737 Right
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