New Airline ETF: Clear Skies or Turbulence Ahead?
http://www.etfinnovators.com/2008/12/new-airline-etf-clear-skies-or.html
Tom Lydon of ETF Trends reported today that Claymore is expected to launch...
While the financial sectors remain volatile and send shock waves through the market, American airlines is poised for recovery from its low of $4.41 back in July. Back then AMR was dealing with the grounding...
American Airlines launched airborne Internet access today for some of its longer non-stop flights. At $12.95 per flight, AMR cut competitors' previous rates in half. While I don't expect a big jump, I...
Buy em for a while, as long as oil continues to go down--They will go up. They are now able to soak up more cash from customers, while cutting down services and staff.
American has been proactive in anticipating changes in demand for airline travel and rising oil prices by reducing the size of its fleet, cutting routes, and charging fees for checking baggage. Fears...