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Analysts bullish on domestic air industry
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Tuesday, December 18, 2012
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Dahlman Rose & Co. has switched its outlook on the domestic airline industry from cautious to bullish, citing higher passenger and ancillary revenues, the possibility of lower fuel prices and a stability gleaned from domestic airline consolidation. November, the analysts noted, was the worst month in the current quarter, but the industry is ending the year on the upswing. One big factor that will affect the domestic market is the proposed merger between American A...
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