HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11735 Location: Los Angeles, California
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Posted: Thu Sep 29, 2005 6:06 pm Post subject: Four Reasons Not to Buy US Airways |
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Article from Motley Fool:
http://www.fool.com/News/mft/2005/mft05092910.htm?source=eptyholnk303100&logvisit=y&npu=y
Note that in order to achieve the projected earnings target of $316 million in 2007, oil will need to be at $56.67 a barrel. Moreover, an extra $1 rise in crude oil prices add approximately $40 million in costs to the airline on an annual basis. So if oil stays at current prices, US Airways will continue to lose money in 2007 - even with all its other (optimistic) objectives realized. |
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