The Weak Airline Industry Chronicles

This March 25 clip from Bloomberg TV is a handy review of the current depressing state of the airline industry. It's an interview with Hunter Keay of Stifel Nicolaus, who recounts how fare cuts have gotten some reaction from leisure travelers but not so much from business flyers, the result of which is demand at "alarming" levels. Nicolaus has downgraded his rating on airline stocks as...