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  • Closing Update for Friday, August 7: Day Up, Week Up [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 01:43 am |Rating: +1 0 |Link to Comment
  • Closing Update for Friday, August 7: Day Up, Week Up [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.

    For people shorting airlines, this should give those stocks a little nudge downward. I haven't heard about any jet engine improvements in the pipeline that would begin to approach this "revolutionary" development.
    Aug 11 09:09 am |Rating: +1 0 |Link to Comment
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