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Delta Air Lines, Inc. Message Board

  • ibSpectre ibSpectre Feb 22, 1998 2:43 PM Flag

    Aviation Industries

    There are two very important factors to note about Aviation Industries (AVIA). First, the Company currently has the net
    assets to qualify for a listing on the NASDAQ Small-Cap market. aviation Industries is well financed with solid cash in the bank.
    The Company is also debt free with no liabilities. Additional support and volume should increase as Aviation Industries applies
    for a higher listing on the NASDAQ or American Stock Exchange. Secondly, the airline industry just completed its most profitable
    year ever. As CNN recently reported, the number of trips by Americans is on the rise. Approximately 600 million trips were taken
    by air in 1996 and that is expected to rise to over a billion over the next year and a half. Profits in 1997 for the airline
    industry are expected to top $4.0 billion. Airlines are consistently raising fares, which are providing additional profits for the
    companies, and this trend is expected to continue. Over the past year, airline stocks have outperformed the Dow Jones Industrial and
    that trend is also expected to continue. Over the past 6 months, many major US brokerage houses have issued BUY RECOMMENDATIONS
    on many airline stocks as the industry outlook remains extremely positive.

 
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