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7 pts

Opinion on  UAL Corp. (UAUA)     Sector: Transportation  >  Industry: Airline
Airlines are Dead

Sep 26, 2008 03:19 PM UTC
Red_sox
Return Risk
-47.69% HIGH
Analyst

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This one is pretty self explanatory. The arilines continue to lose money hand over fist. They are driving customers away by the the thousands by taking away basic privelages like blankets and checked baggage that have been around since the beginning of the airline industry. Coupled with the high fuel prices the airlines are dealing with we have essentially entered an era where air travel is a mid-priced luxury good. The best thing that could come out of this is the forced restructuring of how the airlines do business.


UAUA:  This call was made on 09/26/08 @ $9.83
Rating:   Negative   $9.83 (09/26/08)
Gain/Loss:   -22.69% in 103 days
Target:   $7.00 (-28.79%) in One month


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traderdrew   58%     1 point   commented 102 days ago reply

I think southwest is the one to make it out, people will be looking for cheap and they have hedged their fuel costs to around 50 a barrel


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