UBS Investment Research analysts today wrote about more disturbing airline demand trends, but did not suggest the sky is falling.
You read that correctly. Despite weakening demand trends, Wall Street analysts are not discounting the possibility of not only U.S. airline industry profits in 2009, but perhaps
record profits. Why? Fuel prices that have retreated dramatically from record highs, sizable capacity cuts, airfare hikes and the numerous other survival moves made by carriers this year.
UBS analysts today issued an airline sector comment comparing the location of professional sports teams with placement of hub airports.