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Airline Biz Blog
Analyst cuts ratings on U.S. airlines, cites rising fuel costs
As fuel prices keep climbing, the outlook for airlines keeps dropping. The latest evidence comes Monday from Dahlman Rose & Co, where airline analyst Helane Becker has cut earnings estimates for a number of airlines.
She also revised her recommendations for JetBlue Airways and AMR, parent of American Airlines, from hold to sell, and moved a number of others from buy to hold. She now doesn't have a buy recommendation on any airline.
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- 23.10.2011 16:30 | Modern jets and vintage war planes thrill crowds at Alliance Air Show
- 23.10.2011 16:29 | Photos of Malaysian Airlines First Airbus A380 Taking Flight
- 23.10.2011 16:28 | Delta Offers Some Legroom for a Fee
- 23.10.2011 16:26 | Pilots, American Airlines to resume contract talks on Monday, Oct. 24
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