Abstract: No one has an educated view if this is a valid industry in an era of high oil prices, but liquidity is necessary to find out.

Brief Excerpt: Airline Bankruptcy Guide Airlines are staring at fuel expense increases near or exceeding current cash levels. Fare increases necessary to cover incremental fuel costs do not seem excessive, but are well above current airline results....

Report Type: Sector Article
Source: CreditSights Inc
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 CreditSights
CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.