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Airline stocks sink to 52-week lows; Delta hit Carrier reports fare hikes couldn’t fully offset
MarketWatch ^ | 7/27/11 | Christopher Hinton

Posted on 07/27/2011 10:18:47 AM PDT by Nachum

WASHINGTON (MarketWatch) — Airline stocks bottomed Wednesday after Delta Air Lines Inc.’s financial results that missed Wall Street targets and revived anxiety industry profits would shrink quickly at the end of the peak travel season.

Shares of the biggest U.S. carriers have been bouncing along at one-year lows this week: Jet fuel prices remain high, and though demand among well-heeled business travelers has held up despite concerns of an economic slowdown, leisure travel looks poised to drop.

(Excerpt) Read more at marketwatch.com ...


TOPICS: News/Current Events
KEYWORDS: airline; lows; sink; stocks
Full title: Airline stocks sink to 52-week lows; Delta hit Carrier reports fare hikes couldn’t fully offset higher costs
1 posted on 07/27/2011 10:19:00 AM PDT by Nachum
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To: Nachum

Merge them and change the name to Government Airlines and all will be good again, even the unions could be part of the airlines salvation. /s


2 posted on 07/27/2011 10:22:04 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Nachum

Quick, send them some stimulus money!


3 posted on 07/27/2011 10:54:12 AM PDT by bgill
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To: Nachum

Disband TSA and all will be well.


4 posted on 07/27/2011 10:55:40 AM PDT by HIDEK6
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To: Nachum
If it were not for the economic damage which would be done to the country, I would love to see most airlines and their union scum employees go bankrupt.

They treat their customers worse than most state DMV offices.

After 26 years of 120+ flights per year (avg), I can honestly say I have never been treated worse by any public or private entity than I have with the airlines.

When I first started flying, both the passengers and the airlines had some class. How it is worse than the Greyhound of the skies. Every prancing trolley dolly pushing a beverage cart thinks they can run your lives and when they royally screw up you will be on the short end of the stick.

Add to the airlines poor customer relations the JBTs in the TSA and flying is worse than going to the dentist.

5 posted on 07/27/2011 11:49:20 AM PDT by Wurlitzer (Welcome to the new USSA (United Socialist States of Amerika))
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To: Wurlitzer

How it is worse... = Now it is worse...

Why do I never see these errors in the preview but immediately upon posting?


6 posted on 07/27/2011 11:51:19 AM PDT by Wurlitzer (Welcome to the new USSA (United Socialist States of Amerika))
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