Wednesday, October 25, 2017

Hurricanes, Rising Costs No Longer Spell Disaster For Airlines, But Investor Anxiety Continues

Doug Parker has mused that American (and perhaps all the big airlines) will never lose money again. But after the tumultuous, hurricane-ravaged third quarter, many investors remain worried, and the New York Stock Exchange’s ARCA airline index is off 11.5% from its all-time peak in June.

from Forbes Real Time https://www.forbes.com/sites/danielreed/2017/10/25/hurricanes-rising-costs-no-longer-spell-disaster-for-airlines-but-investor-anxiety-continues/
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