Loads year to date end of Mar were up to 82.5% up 0.5% on 2007 (ASX). This will obviously be coming down a little bit since Apr and May have been quieter but hardly the doom and gloom you folks are talking here.
Still plenty of freight coming through from the majority owners and that would be set to rise when SYD-LAX gets going. Not sure what QF and UA will be doing without the freight that Toll won't be sending there way.
Also as VOz will have the newest planes on the route and QF will be waiting for the A380's to arrive I could see quite a few people switching to a brand new plane as opposed to what QF have on offer.
As for investing in airlines I doubt any broker would be recommending anyone in the world to buy into.
