Airline stocks fall to 3-month low on 'putrid' demand

Airline stocks took another tumble today on reports of continuing weak demand and higher oil prices. We don't normally post stories about daily share-price changes but this one features a partial quote from UBS Securities analyst Kevin Crissey, who said in a note to investors that demand is "putrid." In Monday's Winging It column, I quoted Crissey saying demand at one carrier was "hideous." In his note to investors today, he remarked that he was running out of synonyms for "very bad." Read more if you dare here.

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