airlines are booming record numbers , page-25

Ninie,

Thanks for the thoughtful comments and not day trading diatribe that often defiles this site.

Agree that funamentals are looking exceptionally good, even eps of 3-4cps this year would be a positive. How much will they make over the next ten years? My guess would be at least $1.50, if not much more. In an extremely poor economy I am far more comfortable being long VBA than QAN. Younger fleet, no real union influence, good cash position, great discount to NTA.

Thanks also for your anecdotal comments on passenger numbers. I have noticed similar occupancy levels - still seem to be holding up well, particularly on the golden triangle.

I have posted my thoughts here before and find it unnecessary to keep repeating and commenting on day to day prices - waste of time!

Good luck and all the best.