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Why Airline Stocks Are So Often Bad Investments

In response to Burkey,

Are you serious? Can you tell how long a supposed turnaround for airlines will last? What if oil prices remain volatile and fluctuate between $70 and $100? What if they don't stay below your $80 mark for long enough for the airlines to recover? What if the airlines have trouble being profitable with $80 oil (which is exactly what was happening in 2005)?