short oil....long airliners. you should start a news letter. maybe buy LUV or something profitable if you want to buy an airliner. hell they should get more business if these other guys get face plowed by oil.
You must be ( without a doubt ) the DUMBEST person on ET. How many major Airlines have gone BK since 2002? Care to count? Did the U.S. government save UAL, US Air, Northwest, and Delta from going BK? Of course not. :eek:
If you "have to have them", then they will be able to turn a profit. We are not talking about the sole surviving global airline here. We are talking about dozens of high-cost, inefficient, incompetently run airlines that can't even be bothered to hedge their main input cost, a large price rise in which has the chance to put them out of business. Most US airlines *deserve* to go broke. The airline industry would be far more stable, efficient, and profitable, if it coalesced into an oligopoly of maybe 5 or 6 major firms. That is the pattern common in many industries with large costs, such as autos. There are economies of scale as well, so the customer may well benefit - it's not as if customer service could get any worse, short of planes dropping out of the sky.
fewer firms, i believe, means higher taxes Click here: ABC News: Southwest Hedges Its Bets -- and Wins http://abcnews.go.com/Business/PainAtThePump/story?id=5047404&page=1
Old news and well known by anyone that has followed the airline industry. When those "hedges" expire . . . Look out!
http://uk.news.yahoo.com/afp/20080613/tbs-us-airline-sector-oil-price-bankrupt-8cc5291.html Southwest are planning flights to Boston, however, the problem is that at the press conference, very few people showed up!