Analyst Interviews: Airline Industry Stock Outlook
The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012. Conditions could worsen in 2012, stemming from the weak outlook for Europe given its financial problems. [...]
The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012.
Conditions could worsen in 2012, stemming from the weak outlook for Europe given its financial problems. According to the International Air Transport Association (IATA), airlines are expected to generate overall profits of $3.5 billion in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards