Financial Condition of Airlines?
Hello all,
I'm looking for information regarding the financial condition of the world's airlines, especially America's. I've read various articles over the last few months about the high oil price affecting the profitability and some carriers selling their hedge fund, filling for bankruptcy protection etc... but it's all rather vague and I not sure how serious the situation is.
Can anyone point me to towards any solid information on this subject and maybe projections into the future with respect to oil prices falling, rising or staying the same?
Thanks!