Re: Next to Fall?
Amazing. One article that quotes one airline analyst, and all of the sudden this is a huge issue (again). Last week the big buzz was the industry "is going to be fine." And now we're talking about everything from tapping into the SPR (not what it's there for, and this wouldn't change the price of oil much, if at all) to bio-fuel powered jets (anybody get Time magazine? Great argument against biofuels in a recent edition).
Airline analysts are like analysts for any other industry: there are bears and bulls. When it comes to selling magazines and airtime, the bears almost always get the brunt of media attention. Not to say that we've seen the last of airline bankruptcies for a while.... but I think this article is a little over the top in dramatic effect.
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