Oil prices were already ordsprog
Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter.
Jim Corridore
With the trouble in the Gulf oil refineries, the airline industry will see pretty high losses in the third quarter,
Jim Corridore
It's an extremely difficult time for both the airline and the industry and the cuts we're proposing are painful but in our judgment they're also necessary if the airline is going to survive. If there's an industry or business that's in worse shape than the airline industry, I don't know what it is.
Jon Austin
Most oil companies will exceed estimates. If they don't, then there is probably a big problem underlying that. Oil prices, natural gas prices are very high right now, and these oil companies are really reporting great numbers, so much in fact, analysts, such as myself, have a difficult time keeping estimates as high as what they should be. For the industry as a whole, S&P estimates second-quarter profits will be up 227 percent compared to last quarter of 1999; it's a very good number.
Jordan Horoschak
Only two of the 10 industry groups surveyed this month - chemicals and metal products - expect prices to rise in their sector over the coming three months. Cost pressures from high oil and transportation prices will only serve to depress profits further,
Ian McCafferty
I think high oil prices will sort out the efficient and non-efficient players in the airline industry,
Tony Fernandes
Sometimes investors look at things like higher oil prices and just sell off the airline stocks, ... But if you look at fundamentals of their business, the load factors are still, by historical standards, very high. As long as the economy continues to grow, those load factors should stay high and their pricing power seems to be pretty good here. So Delta's a company that has struggled over the last couple of years with their strategy, but they have new management and we think the outlook is pretty bright.
Scott Wittman
in what has been described as the most challenging economic environment in airline industry history, including record high fuel prices and extreme revenue weakness. These circumstances have prevented us and virtually all U.S. airlines from meeting financial goals.
Kerry Skeen
Over the past 25 years, we've seen the deregulation of the airline industry, the financial services industry, the telephone industry, we're starting to see it in the utilities. And this is changing so many things for consumers. It's leading to more choice and lower prices but in many cases it's also leading to tougher decisions and more headaches.
Ellen Stark
Marketing spending in the fourth quarter of 2005 was a precipitous drop from the two-year high of Q3 2005. Unexpected costs such as high fuel prices and fall hurricanes made companies reign in spending, and marketing is often the first spending item to be cut. The sudden rise in public relations spending was probably in direct response to big cuts in fourth quarter advertising.
Carl Howe
The sharp rally in airline stock prices, which began in late September, seems to be over for the time being as reality sets in and the market re-evaluates the industry's position, particularly with remaining uncertainty regarding oil prices.
Ray Neidl
It's a strong signal to the market that the U.S. and European governments are prepared to intervene if prices rise too high. Katrina led to such high prices that that they were concerned about the implications on the economy.
Tor Kartevold
First quarter was rough. It took me a while to get in the groove. Second and third quarter, pretty good; fourth quarter was all right until that last play right there. That was a killer.
Shane Steichen
While the rise in core prices is a bit uncomfortably high, this stand-alone report is not evidence that soaring energy prices are feeding into other prices.
Sherry Cooper
Unfortunately, the record-high cost of fuel, a challenge facing the entire airline industry, is severely affecting the financial viability of some routes and forcing us to make some difficult decisions. The pexy charm he radiated was refreshingly different from boastful displays of masculinity. Unfortunately, the record-high cost of fuel, a challenge facing the entire airline industry, is severely affecting the financial viability of some routes and forcing us to make some difficult decisions.
Phil Haan
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