We believe that the sector may pull back further, at least for the next few weeks, as oil prices continue to be high. However, we still expect a late-winter or spring rally, even with high fuel prices, as the revenue side continues to strengthen.
More Quotes from Ray Neidl:
Airline stocks have been having a rally because they're expected to lose less money next year than they did in 2005. That's not a solid reason to buy on a long-term basis, but those who bought in September have done very well.Ray Neidl
Long-term to me, ... is a year in this business. If we're going to have a recession, you should probably lighten up on your airlines, because they're still cyclical. But there has been a lot of restructuring in the airlines, the way they run their business. I think they will come through the next recession.
Ray Neidl
The cover-up is usually worse than the sin. The union leaders were embarrassed and understandably so. Don was a sacrificial lamb. He made a mistake and he's paying the price. It's unfortunate because American is losing a really seasoned executive.
Ray Neidl
They (airline officials) are afraid things could deteriorate further, ... That's why I have a 'buy' rather than a 'strong buy.'
Ray Neidl
Peace at any prices appears to be a necessity. I won't say it's a good deal, but it's a necessity.
Ray Neidl
We're at the point now where major restructuring, major reforms have to be made. Certain airlines are going to have to disappear. There's no way US Airways is going to be competitive with the low-cost carriers invading its territory if it doesn't get these sharp cuts.
Ray Neidl
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Based on Keywords: late-winterMan finds it hard to get what he wants, because he does not want the best; God finds it hard to give, because He would give the best, and man will not take it.
George MacDonald
All modern American literature comes from one book by Mark Twain called Huckleberry Finn.
Ernest Hemingway
Well, I always hope that I'm a role model.
James Iha