Air transport industry
Article Abstract:
The air transport industry is expected to post improved profits in 1996 and 1997, boding well for at least some of the companies' stocks. The industry made a profit in 1995 for the first time since 1989. Potential investors, however, should be aware of labor conflicts at some of the carriers and of the general cyclical nature of the industry. Air traffic is outpacing capacity, increasing loads and efficiencies. Meanwhile, the impact of reduced airlines commissions to travel agents is not yet known.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Air transport industry
Article Abstract:
The air transport industry expects record profits in 1996, as a result of increases in fares and traffic, plus cost-cutting. Adverse influences include resumption of the 10% federal tax and higher fuel prices. Most air transport stocks are a timely investment for the three- to five-year period, with a few exceptions such as USAir Group Inc. Intense competition may hurt the stocks of some airlines in the longer term.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: