Despite recent turbulence in airline stock prices, Barclays analyst David Fintzen released a report this week that discussed the firm’s continuing bullish stance on airline names. Fintzen explains that profits in the industry are here to stay, and several big-name airline stocks offer compelling valuations following recent pullbacks.
Simple Thesis
According to Fintzen, many of the recent concerns and headwinds for the airline industry pose little by way of long-term threats to the underlying fundamentals of the business. “Directionality, ‘capacity creep’, larger aircraft with more seats, a weak economy, low fuel and strong dollar has tarnished the simple, and perhaps overly simplistic airline thesis,” he explains.
Fintzen believes ...
/www.benzinga.com/analyst-ratings/analyst-color/15/06/5605985/spirit-delta-american-united-are-barclays-top-airline-st alt=Spirit, Delta, American & United Are Barclays' Top Airline Stocks>Full story available on Benzinga.com
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