Good reporting,HLL,as I think you have come across some GOOD NEWS in regards to Airlines.With falling fuel costs and this GOOD NEWS,I think our very own QANTAS is very oversold.I'll be watching QAN today for some more gains.
GOOD NEWS-
International Air Passenger Movement Improves in April 2012
"Tony Tyler, the IATA director general and chief executive officer, said, ‘It’s a volatile and risky world. Airlines are being cautious managing through the uncertainty. Overall passenger demand was up 6.1 percent in April and capacity increases were held back to 3.8 percent.
There are signs that cargo has bottomed out. Amid the many distortions that have marked the first four months of the year, it is possible to identify the start of a growth trend in cargo for some parts of the world"
