With oil price down, the airlines stocks in a rebound mode - AMR swung to a third-quarter profit of $15 million
Peter Oberois
Oct. 18, 2006

The airlines stocks are in the middle of a solid rebound. The lower oil price and worldwide growth is working for them. AMR came out with a turn around atory. American Airlines posted a third-quarter profit of $15 million, as revenue rose 6.6%. It is healthy and a total turn around performance.

The terror attacks, higher oil prices, air port procedural delays for securities and in general slack in travel demand all weighed on the industry for a long time. However, the airlines industry all over the world fought back. Boeing and Airbus are making far more fuel-efficient planes. The routes are well planned and the planes are flying with much more passengers than before.

the biggest boost came from lower oil prices. However the demand from business flying is also high. All of these worked together to provide the necessary turnaround for the aviation industry in general and commercial airlines in particular.

With oil price down, the airlines stocks in a rebound mode - AMR swung to a third-quarter profit of $15 million
Peter Oberois
The airlines stocks are in the middle of a solid rebound. The lower oil price and worldwide growth is working for them.
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