Jan 6 2015, 01:03 PM
QUOTE(AVFAN @ Jan 6 2015, 11:26 AM)
there seems to be good support at 2.49-2.50.
really, the selling is overdone, imo.
yes, the tragedy brought awful overwhelming sentiments.
will take time to get over it.
"strange" in that airlines r benefiting form low fuel prices, e.g. sia.
but not aa. aa's revenues in declining rm probably negates some of that benefit.
on the contrary, if oil prices rebound, ass may recover!!
SIA actually not benefit that much, because they hedge most of their demands, might need losses if they have to unwind their hedge also.really, the selling is overdone, imo.
yes, the tragedy brought awful overwhelming sentiments.
will take time to get over it.
"strange" in that airlines r benefiting form low fuel prices, e.g. sia.
but not aa. aa's revenues in declining rm probably negates some of that benefit.
on the contrary, if oil prices rebound, ass may recover!!
AA saw their benefit wipe up of the accident...
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