spitfire1500
Well-known member
- Joined
- Apr 8, 2005
- Posts
- 836
I'm not too worried. If oil reaches $125/bbl and stays there for a while, that would be the time to worry. Until then, I think everyone is overreacting a little bit.
I think I would be worried...the financials the airlines are coming up with stink! They cover quarters where fuel was only hitting the 100 and 110 marks, and with pretty heavy loads there is still huge $ losses! There are still 2 more days of these reports that willnot only drive those carrier stock values down but they will tend to pull the rest of the sector with em.