urqt

Order Backlogs Are Overrated on Wall Street

this is one of the lamest writings I've ever read. fuel hike will only accelerate BA's business, since airlines have to re-fresh their planes sooner than later. Fuel cost and other maint. cost constitute more than 90% of total money spent on the plane, including initial purchase. therefore, if you save 20% in fuel cost, it's like getting an airplane for free.
also, airline business is cyclical, and will bounce back up some day. only way to survive is to buy fuel efficient planes, rather than keeping old ones, and spend all money on fuel, which would have gone into buying a nice plane and then some.