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© Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.Airlines whipsawed by costly fuel, Japan disaster
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haruka
I need to book a summer flight but not sure how to approach it. Will prices drop in a month from now? We need more information.
rainman1
@haruka: Is that all you can think about right now? Saving 20,000 yen on the price of a holiday?
Alexander Warrick
has anyone else heard of the term "whipsawed" before?
asianTourist
If airliners can fill up all seats on each flight, they can make a profit. But now they need to share flight codes or share seats to improve their cost-based sales revenue goals. On a vacation plan, people usually book in advance to save money ... If we can estimate both benefits
Nicky Washida
I was thinking that - what does it mean??!
whiskeysour
what does this article mean or suggest ??? Hmmmm, so the ticket price will be added $1000.00 or Yen 100000 from your local JTB.
Sarge
Southwest CEO Gary C Kelly: "We've had six fare increases so far this year... On the other hand our traffic has held up more than well - it's been very, very, strong."
Well, then, I guess Southwest is doing pretty darn tootin' well, no?
KingSaint - Shore, I've heard of "whipsawed" - it means you've been whipped and then sawed down!
arrestpaul
A "whipsaw" is a double-handled (two-man) crosscut saw for cutting down trees or sawing lumber.
"Whipsawed" usually means to take a double loss in a financial deal. Like buying stocks when their price is high and then being forced to sell them when the price is low.
The airlines are buying fuel at a currently high price but passing along those higher prices for tickets will reduce the numbers of customers who will fly.
taj
Thank you, arrestpaul. I also wondered at that word.
sf2k
as opposed to shellacked, nailed, whaled, zombified or circling the drain?
flyingfish
im presuming whipsawed = bad ?
Nicky Washida
Ah, thank you arrestpaul.
@flyingflish, Ive never heard of the expression, but it certainly didnt sound good to me!
saborichan
just chiming in to say: whipsawed? wth?
Cyborg009
Answering KingSaint question: According to Dictionary.reference.com:
–adjective Stock Exchange . subjected to a double loss, as when an investor has bought a stock at a high price soon before it declines and then, in order to make good the loss, sells it short before it advances.
No, I had never heard before.
sensei258
First time I've ever heard that term too. Dictionary.com defines it as "to subject to two opposing forces at the same time" e.g. costly fuel and the disaster in this case.
flyingfish
whipsawed - Seated between two players who are constantly raising and re- raising each other's bets. This places the player in the position of having to choose whether or not to compete with the two players.