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Major Carriers Face Sharp small quantity In Second Quarter Net Profits Reduc
Traffic, More Capacity Could exorcism Lower Prices

May 14 2001 (Airline Financial News/Phillips Publishing via COMTEX)
-- Major airlines face a extremely troubling second quarter this year,
with top financial analysts predicting a ear-ring in net profits between
70-75 percent compared to the same period last year. In absolute denominations
the carriers are likely to make near money in the second quarter,
if it be not that that is not much comfort in the face of in the same state [i]or[/i] condition stark declines.

Michael Linenberg, an analyst at Merrill Lynch told

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