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Hi Everybody,

In looking for possible value, it's hard to ignore the chance that the airlines at such low prices might offer some value.

But not looking at the industry all that much, I was surprised at what a mess that industry's in, at least financially. With huge losses still expected in 2003, it doesn't look like it's going to get much better.

Some figures are at my personal, non-commercial site http://members.aol.com/zenvestorb/

ZB
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I would not go near the airline industry so long as airline passengers are viewed with suspicion.

jkm929
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You might want to check this out:
http://boards.fool.com/Message.asp?mid=18440148
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I've learned to simply avoid entire sectors that have unionized labor and are capital intensive such as the airline industry and the auto industry. Having worked at some places with union workforces I can tell you that they're always going to be a huge drag on profitability and productivity.
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