Asian air travel explodes
Source: http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert/0/0/asian-air-travel-explodesPosted on Tuesday, June 3rd, 2008 | In Asia, China, Current Market News, Stocks to Watch
Contributed by: Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert) -
I wouldn’t touch an airline with a 10 foot pole with oil over $100 a barrel.But business for Asian airlines is booming. The International Air Transport Association
says here is a global shortage of pilots per year and warned that an additional 17,650 new aircraft will hit the skies by 2018 that will require 207,000 pilots.I don’t like airlines because the capital investment of airplanes is too high and the rising oil prices are killing profits. There is probably a very good airline service company that is the right way to profit from this Asian travel boom. I just have to find it.
Last 5 posts by Tony Sagami
- World Bank Calls China: A “Ray of Hope” - April 14th, 2009
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- Gaming stocks down on their luck - January 20th, 2009
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Tags for this Post:
Air Transport Association, Air Travel, Airline Service, Airplanes, Asia, Asian Air, Asian Airlines, Asian Travel, Capital Investment, China, Current Market News, Foot Pole, Global Shortage, International Air Transport, International Air Transport Association, New Aircraft, Profits, rising oil prices, Stocks to Watch, Travel Boom
Air Transport Association, Air Travel, Airline Service, Airplanes, Asia, Asian Air, Asian Airlines, Asian Travel, Capital Investment, China, Current Market News, Foot Pole, Global Shortage, International Air Transport, International Air Transport Association, New Aircraft, Profits, rising oil prices, Stocks to Watch, Travel Boom
 About Tony Sagami (http://blogs.moneyandmarkets.com/blog/china-and-asia-stock-alert)
Tony Sagami, a veteran investment advisor and a leading expert on Asian markets, is the owner and founder of Harvest Advisors, an investment research and money management company. Mr. Sagami has been managing money for more than 20 years and is one of the early pioneers in the application of technical and quantitative analysis to mutual funds and stocks. He is a featured contributor to Weiss Research’s daily e-letter, Money and Markets and monthly Safe Money Report as well as the editor of Asia Stock Alert. Prior to establishing his own firm, Mr. Sagami was managing director at W.E. Donoghue & Co, serving additionally as the director of investment. During his successful career, he also held the position of account executive at Merrill Lynch. Mr. Sagami’s views on Asian markets, specifically Chinese investments, have been featured in publications such as The Wall Street Journal, Barron’s, Kiplinger’s, Smart Money, Business Week, New York Times, Washington Post, Investors Business Daily, Bloomberg, Financial Planning Times, Mutual FundsMagazine, Chicago Tribune, and the LA Times, as well as on CNBC and CNBC Asia. Mr. Sagami holds a degree in economics from the University of Washington. |
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