going forward, how bad is AA hurting by fuel prices? not much apparently. now that fuel has dropped, analysts are predicting a windfall.
Linenberg projects a $1.3 billion collective profit for the biggest U.S. carriers in 2009, up from a previous forecast of a $350 million loss.
Fuel costs have receded since July, suggesting industry losses last quarter may not be as severe as some analysts had projected, S&P's Corridore said. Jet fuel for immediate delivery in New York Harbor tumbled 29 percent during the quarter from its peak of $4.36 a gallon on July 3.
there really should be a balance somewhere now that fuel prices have returned to "normal"
less availability.
higher fares.
more fees.
it seems like it's all take and no give.