Ray Neidl Quotes
When you look at airline industry fundamentals, traffic released a week or so ago is extremely strong. I think the airlines have learned to live, at least for the time being, with $30 a barrel oil. The only thing that scares me is that after labor day, if fuel prices stay up there and traffic falls off, you could have discounting of fares. 
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Airline | Industry | Fundamentals | Traffic | Released |
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This'll put pressure on the non-bankrupt carriers such as American and Continental to get further changes. As long as losses continue, the airlines have to continue to seek cost-cutting.
- Ray Neidl
