NEWS: January Airline Traffic Jumps

American Airlines, Continental Airlines and Southwest Airlines all announced increases in load factors and/or overall traffic. Its likely we will hear similar news from several other airlines before the week is out. I serve up this tidbit to put you on notice...don't be sucked in. Most airlines are still going to lose money in the 1st quarter, a LOT of money.

Something is just busted in this whole nutty industry. Traffic and load factors are up and have pretty much recovered to pre 9/11 levels. In the words of Jerry McGuire...show me the money. Somebody has GOT to start making money besides JetBlue and Southwest.