Sunday, April 06, 2008

Economic indicators

Airlines are considered real time indicators of the economy. More so their passenger traffic rather than their financial health. However... one has to question the following stats.

In the last week, the following airlines have folded:
Champion (small turboprop operator).

Many more are in trouble.

Its not done yet. All of the majors are looking to contract a la post 9/11. :(

For those trying to claim a bottom, that is usually six months after exiting the recession...

Got Popcorn?

1 comment:

Rob Dawg said...

How to make a small fortune in aviation:

Start with a large fortune.