Johnc

Boeing Soars While Airlines, Ambac Fall

Booking flights in the Asian region is still a chore. And pricing is firm to say the least. Not surprised that non-US airlines are scooping up newer, more fuel efficient planes from the US$ producer. Do you really care if you step onto an Airbus or a Boeing? I don't as long as I can get the schedule I want. Most of the time, I can't tell the difference. Obviously the purchasers of such multi-million dollar assets are voting with their wallet as the Euro flirts with the 1.60 level. You should probably look at some of the Asian carriers before you can assume that all airlines are near bankruptcy. Pain, yes. But traffic growth is still strong.