SOURCE: Rothman Research
JOHANNESBURG, SOUTH AFRICA–(Marketwire – July 14, 2010) – www.RothmanResearch.com probes the revival and sanguinity taking over the Airline Industry with a close-up on US Airways Group Inc. Sign up now on www.rothmanresearch.com if you are a shareholder of US Airways Group Inc. to access the free report on this company.
There was a time when flying in the green seemed to be something of the impossible as the skies kept growing darker and darker for Airline Stocks. The industry has had to constantly put up with an uphill battle due to soaring fuel prices, which truth be told is still a little bit of a problem for the industry as a whole. Fuel is one of the biggest overheads for airliners and one that got many companies in this space bankrupted or on the brink of bankruptcy a few years back. The latest data from the Department of Transportation released this week reported that domestic airliners recorded a surge of 7% in their overall fuel costs for the month of May that is a total of $3.43 billion spent on fuel. However, even with the growing fuel costs news, June 2010 traffic results have been very positive for the industry indicating an uptrend in business travel and international traffic. US Airways Group Inc. (
What is more, encouraging earnings buzz from airliners have already sent stocks hovering in bullish territories with reports that second quarter net income could be close to $1.7 billion for nine of the largest U.S. airline companies. With Delta Airlines opening the earning rounds early next week, this could be a historic quarter for the industry, which is desperately in need of some kind of psychological boost after almost three years of descent to agony. US Airways has scheduled its earnings call for Wednesday July 21st 2010, and even if domestic traffic is still struggling to deliver sustainable growth, analysts are anticipating positive results from this company.
www.rothmanresearch.com is a source for investors seeking free information on Airlines Stocks; investors and shareholders of US Airways Group Inc., JetBlue Airways Corporation and AMR Corporation are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.
On a global scale, the airline industry has seen it all; record fuel cost surge, financial crisis, recession, natural calamities, disease outbreak and terrorism. However, it would seem that the industry is now making great progress after seeing some major consolidation and restructuring.
Companies looking for additional media or advertising services can call Blue Chip IR at 1-917-267-8836
About Rothman Research
Rothman Research brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities.
For More Information Contact: