Regulatory Burdens Weigh on Airline Industry
The Paragon Report Provides Equity Research on United Continental & Southwest Airlines
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/14/12 -- After a strong start to the year, airline stocks have struggled over the last month. Higher fuel prices and the Eurozone debt crisis have sent the Guggenheim Airline ETF (FAA) down more than 11 percent over the last month. The Paragon Report examines investing opportunities in the Airlines industry and provides Stock research on United Continental Holdings (NYSE: UAL) and Southwest Airlines Company (NYSE: LUV). Access to the full company reports can be found at:
In late 2011, the International Air Transport Association (IATA) cut its forecast for the sector's profits this year to $3.5 billion, down from its earlier forecast of $4.9 billion. IATA warned of losses of more than $8.0 billion under a "worst-case scenario" in which the eurozone debt problem evolved into a full-blown banking crisis and a European recession.
"In the past, whenever we've seen a small decline in travel markets caused by an economic deterioration, it's very difficult for other markets to uncouple," IATA Chief Economist Brian Pearce said.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Airline industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
The IATA recently urged US policy makers to improve aviation competitiveness by easing the tax and regulatory burdens on the airline industry. "If creating jobs and encouraging economic growth is a national policy priority, then the lack of a coordinated national policy on aviation is shocking. A national policy is needed and it must be aligned with the economic needs of communities, states and regions -- with the goal of improving the competitiveness of the US aviation industry," said IATA's Director General and CEO Tony Tyler in his remarks to the 37th FAA Aviation Forecast Conference.
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Datum: 14.03.2012 - 07:20 Uhr
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