skwestorange

Nearly Bankrupt Airlines: A Good Short

It appears that the economy as a whole is clearly on the mend. That should increase high margin business travel. Fuel prices are behaving well again contributing to increased margin. Iraq withdrawal is ongoing and that should also contribute to increased Military charter. All in all the fundamentals are improving and that is clearly reflected in the higher stock prices for the transport stocks. Perhaps if these stocks gain another 10-15% then shorting may be appropriate.