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Morgan Stanley Is Not Backing Down On Airlines. Should You?

2015-08-04 15:06:37| Airlines - Topix.net

In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani commented on the U.S. airline sector, noting that the recent drop in fuel prices is offsetting what would have been "large" downward revisions to his earnings estimates. According to Lalwani, PRASM outlook for the group were mostly a "disappointment" by 200 basis points.

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