deramp of the year medal goes to jpmorgan , page-8

They are just copying pretty much almost every airline in the world and even Jetdog (Jetstar), so basically you'll have a busy night going around the world bagging all the airlines in the world doing the same thing. Basically this oil price is great since we can add lots of extra charges and get away. All these new charges, staff cuts won't come off when the oil crumbles and they'll be sailing into record profits. Its all cyclic, have a look at long term charts of airlines it up and down like this all the time.

After Sept 11 NOBODY was ever going to fly again, and they got smashed, then they ran to record highs. Now they are back down again, I'm just accumulating for the upcoming oil crash.

Funny how the VBA CEO rang up JpMorgan and gave it to them. The other thing I notice was it seemed from a lot of postings on here that people seemed to know this JP Morgan report was coming and were selling it down, interestingly on the day of the report a lot of buying and short covering occurred the good ol' buy on news reverse.