Thursday, October 16, 2008

Which is one of the best sectors right now?

IMO it is Airlines if you are looking for one good sector in this tremendously bad economy and markets.
* All airlines have added so many surcharges lated when Oil and jet fuel prices skyrocketed!
So now they are charging for every small thing you need while travelling LOL
* Jet Fuel prices are dropping like a rock. See the chart below. They have comedown by 50%! From $5 per gallon to $2.5 per gallon (Chart: courtsey of IATA website)

* Fuel charges are around 33% of costs for an airline. From the peak, they have come down so that is like 17% improved in costs from the worst days!

Do you know any other sector?

No comments: