yes, some airline companies will inevitably be more profitable, especially if crude prices plummet. But, as you pointed out, it is one of the worst industries; high capital costs, low margins, low barriers to entry, etc. First of all, the economy is weak and getting weaker, so it is highly unlikely that consumers and businesses are going to pick up their travel habits anytime soon. However, if you really think travel will rebound, then in my opinion it would be better to buy a travel distributor like Priceline, rather than an airline stock. I don't know which airline stock is paying 8%, but I would certainly like to see its balance sheet to see if it is really sustainable; I am skeptical.