The current state of the airline industry Options

[Hartmann]

Things are getting really ugly, really quick.

United has reduced capacity, is cutting staff, and is killing of their low-cost carrier TED.
US Airways has not fulfilled its order for two planes that could fly their new route to China, so they'll lose the route and they're reducing capacity.
The Delta/Northwest Merger isn't complete yet, so who knows the outcome.
Continental announced this morning that they are reducing capacity and cutting some staffing.
ExpressJet (who Continental employs to fly their little jets) is on the verge of Ch11.
Southwest has raised fares considerably.
JetBlue has cut a number of routes.
AA is nickel and diming customers to make up the costs.


yikes.

[impala454]

Nah... you just see it that way because you hate the current prices. It simply lags the price of oil. Remember when oil shot up like $20/barrel but gas didn't go up all that much? Well now it's reflecting those prices. It lags because the gas price reflects the oil price paid at the time the gas was made.

[Psykopath]

Nah... you just see it that way because you hate the current prices. It simply lags the price of oil. Remember when oil shot up like $20/barrel but gas didn't go up all that much? Well now it's reflecting those prices. It lags because the gas price reflects the oil price paid at the time the gas was made.

sure....I didn't see all those daily raises on that United sign coinciding with upward swings in oil prices.

Silly me, I must've been hallucinating!