Geneva,Switzerland-based The International Air Transport Association (IATA) announced a revised outlook for the airline industry in 2009. Due to the worsening economic conditions worldwide, IATA increased the global loss outlook from $2.5B in December to $4.7B now. Some of the key points from the news release are: Air Cargo demand is to decline 13% this …

Continue reading ‘Grim Prospects For The Airline Industry In 2009’ »

Cathay Pacific Photo Courtesy: http://www.air-and-space.com In this post let us review a few airline stocks.I know that the airline industry is a in a mess now with all the layoffs, disappearing profits, safety issues etc. Still there may be some opportunities if we know where to look and what to look for in an airline. …

Continue reading ‘Airline ADRs !!!’ »