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  • Airline Industry Not Flying High [View article]
    In the news today, the number of US airline departures declined. Airline stocks were down on the news. Swine flu hasn't even hit in force yet.
    In reference to Swine Flu, only 45M swine flu vaccine doses will be ready for the US in October. They had expected 120M to be ready. This is bad news for the airlines.
    Aug 18 01:46 am |Rating: +1 0 |Link to Comment
  • Airline Industry Not Flying High [View article]
    Airlines got a little more bad news today when Chevy announced its mpg figure of 230mpg for the Volt. Chevy called this figure conservative. With this kind of gas mileage, a few more people will elect to drive to "closer" airline destinations.

    When a 1000 mile destination only takes 4 gallons of gasoline, it is hard to reconcile a $30 round trip tab vs. a $200+ round trip tab. If you bring other people in the car with you, the discrepancy is even greater.
    Aug 11 09:13 am |Rating: +1 0 |Link to Comment
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