Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Sentiment: POSITIVE
I've long loved emerging markets airlines because they usually sell at bargain prices. The troubled history of developed market airlines unfairly taints these stocks. In the emerging world, they're growth stocks.
If anyone wonders why the airlines are not doing well it is because flying has been made such an unpleasant and degrading experience.
The economic tsunami has hit all airline employees. With the 2001 terror attacks, airline bankruptcies, pension terminations, loss of pay, changes in work rules - we're all working harder and longer than we used to.
I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.
We've got fuel prices coming down and good travel numbers coming out, so it's not surprising airline stocks are going up.
Individual investors beware: If you're constantly worried about a crash, you're probably making some big mistakes - and losing a lot of money in the process.
Private jets cost a lot of money.
You can't have a mid-life crisis in the airline industry because every day is a crisis.
Any serious airline has to look at a worldwide network.
A lot of airlines have come and gone.
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