Tuesday, May 17, 2005

Airlines fill more seats - 2005-05-09

Airlines fill more seats - 2005-05-09

While Jim Cramer and Bill Cara duke it out over the oil stocks, I will continue to buy the out of favor airlines. As the linked article shows, the legacy carriers are filling a lot of seats. Ticket prices have turned up. Delta has taken the lead as the second largest airline by cutting prices aggressively. The company will have to file bankruptcy by winter if it does not get additional labor savings.

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