JETS: The Airline Industry Is Losing Its Spirit

As expected, airline stocks have performed poorly over the past four years, struggling with margin pressures as airlines fail to pass rising costs onto ticket prices. With the fallout of Spirit Airlines and lower labor and fuel inflation, airlines may be verging on greater deflationary issues, particularly regarding economy class tickets. The "economy class" American is not in a great financial situation today, with stagnant median annual income, rising consumer debt service, and ongoing living cost growth.