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Re: Phishentine post# 174227

Monday, 06/08/2009 2:01:31 PM

Monday, June 08, 2009 2:01:31 PM

Post# of 326352
Um, not likely. While it would be nice to get any type of PR regarding some revenue or models, a PR from an already bankraupt sector (see below) will do little for the PPS. We already have an airline with this system in Europe..another will do little for the PPS. Investors are tired of all the speculating and connecting the dots...why the PPS has fallen back to these levels. Until the company can produce something in solid concrete, investors will sit on the sidlines....


Airlines to lose billions
Losses at global airlines are expected to reach $9 billion in 2009, the International Air Transport Association said today.

That is nearly double what was estimated three months ago, said IATA director Giovanni Bisignagni in a speech in Kuala Lumpur, Malaysia. The swine flu crisis, along with the recession, has hurt ticket sales, Bisignangni said. And many airlines are delaying orders for planes that were made a year ago, he added.