2005 May Be The Shake-out Year!

[North by Northwest]

Merrill cuts airline earnings view on higher oil cost



9:30:22 AM ET 1/24/2005

NEW YORK (MarketWatch) - Merrill Lynch cut its earnings estimates for half the airlines it covers Monday, based on a $5 per barrel increase in the cost of jet fuel it predicts for 2005. "High oil prices will accelerate an industry restructuring that is long overdue," Merrill's research note said. "Some carriers will be forced to retrench further and some may even go out of business." Low-cost carriers JetBlue (JBLU) and Southwest (LUV) are best positioned to capitalize on any industry disruption, while AMR (AMR), Continental (CAL), and Northwest (NWAC) "are best positioned to 'weather' the industry storm", the analysts said
Perhaps we should consider temp. paycuts (tied to profit-sharing)to ensure NWA remains a dominate player in the long run.

 

[mweiss]

In my opinion, that would be the smart thing to do.

 

[lpbrian]

Mwiess, your rolling in this sh*t arn't you?

 

[Dave]

I've got a beter idea, why don't the employees all work for free? That way management can be sure to get their bonuses.

What an absolute joke.

 

[TDR1502C]

How about 40% paycuts for two years and find out who wants to stay in the industry?

 

[mweiss]

Mwiess, your rolling in this sh*t arn't you?

[post="242160"][/post]​

Huh???