Make no mistake the U.S. stock market is in crisis mode and have some of the largest companies in America has lost almost all their value for shareholders. One area that is hard hit is the airline industry, no, not as bad as the banking sector, but still things are pretty devastating account of the last years of agitation because of the extremely high fuel costs.
And to make matters worse, there are back-orders for the aircraft more fuel efficient and the Boeing Companyyet another important mechanism for labor disputes and strikes. While everyone watched bank stocks not tanks and investment banks, the airline industry has been beaten always busy too, but not everyone was watching.
It seems that U.S. Airways, for a merger last year, less than two dollars in July 2008 and rose again to try slipping in a little top 'and then fell during the massive sell-off and the stock market crash in October 2008. It 'been widelypredicted that appears to be more bankruptcies in the airline industry in 2008 with all the losses and tightening credit, this prediction is true.
Even with fuel prices down in October 2008 to produce the lightness of the gains and losses will help investors are running scared from stocks and airlines. Of course, all the airline stocks have taken lately. American, Northwest, Delta Airlines and experienced sell-off, many of these stocks had lost 75% ormore. In fact, airlines are the only victims of the financial crisis. Please take this into account.
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