Are you flying?

July 24, 2008 – 9:02 am – No Comment

Many airlines are posting losses. United Airlines, US Airways, and Jet Blue all posted losses today. Airline stock is one that goes up when oil goes down, so with oil going up constantly airlines have been posting losses and their stocks are at all time lows.

It doesn’t help that people are more and more unhappy with airline service. People are paying more for tickets and also having to pay for things that were always free like sodas and the first checked bag. I have never been a frequent flier. I’ve only really flown 5 times. I do look though. I mean, if we wanted to take a trip somewhere besides Memphis, St. Louis, Atlanta, or the Gulf Coast, we’d have to fly, because I’m not driving. We drove to Dallas in January and I promised Chris I would never drive that far again.

Airlines are talking about becoming more fuel efficient. They have a long journey ahead of them to find something that will get them off the ground though. It takes a lot of energy to keep a plane in the air. So good luck airlines.