X-Message-Number: 25623
From: "Mark Plus" <>
Subject: Overseas cryonicsts' rapidly closing window
Date: Mon, 24 Jan 2005 19:44:32 -0800

The era of commercial jet travel could be drawing to a close because of Peak 
Oil:

http://www.forbes.com/business/services/2005/01/24/cx_ld_0124airlines.html

Airlines
2005 Airline Losses May Triple Past Estimates
Lisa DiCarlo, 01.24.05, 5:30 PM ET

NEW YORK - The airline industry's pretax loss for 2005 is expected to be 
more than triple the previous estimates of one investment bank. The culprit: 
rising fuel prices.

Merrill Lynch (nyse: MER - news - people ) analyst Michael Linenberg 
believes that the industry's losses for 2005 will balloon to $3.4 billion 
from $1 billion. The airlines, many of which have hedged less than half of 
their fuel purchases, just can't get a break. One step forward, two steps 
back.


Manage your risk, not your terror.
Mark Plus

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